Contacts

Doug Mereska

Avison Young - CA - AB - Lethbridge

Property Details

Property Type Industrial - Flex - Industrial
Property Size 46,000 SF
Additional Rent Contact for pricing
Date Updated Jul 2, 2024
HVAC None

The subject property is prominently located on the corner of 10th Street North and 5th Avenue North and offers convenient access via Highway 3. The site is centrally located, just north of the city centre. Neighbouring businesses include Gas King, Northside Auto, Sign Superstore, Lethbridge Fitness Club, and Family Centre.Unique redevelopment opportunity for multi-tenant industrial building. The property currently creates some revenue from existing tenants, but all are short-term which would facilitate a phased redevelopment. Additionally, the Seller has estimated prices for improvements available making this a great opportunity for an owner/user looking to custom-build industrial retail space in the heart of the city.

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Highlights

Unique redevelopment opportunity
Projected income after renovations are completed: $480,000 per year (based on $12.00 PSF lease rate)
Sale price per square foot: $54.35
Off-site parking
Large, fenced yard

Attachments

Sale Brochure (PDF) opens in new window

Getting around

80/100
Walk Score ®
40/100
Transit Score ®
66/100
Bike Score ®

Powered by Walk Score ®

Location

City Lethbridge, AB
Neighborhood Senator Buchanan
Postal Code T1H 2

Points of Interest

Gas King

0.06 miles
Fas Gas

0.10 miles
Triangle Gas Wash

0.26 miles
Canadian Tire

0.41 miles
Husky

0.51 miles
Esso

0.57 miles
Shell

0.86 miles
Esso

0.95 miles
Gas King

0.97 miles
Petro-Canada

1.00 miles

Mint Smart Wash

0.99 miles

Spring Rolls

0.37 miles
The Smoke House BBQ & Bar

0.37 miles
A&W

0.38 miles
Sông Thuân Vietnamese Resteraunt

0.41 miles
Joey's Only Seafood

0.42 miles
Fusion

0.45 miles
New Dynasty Restaurant

0.55 miles
Subway

0.58 miles
Booster Juice

0.62 miles
New Oriental Buffet

0.63 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.