409 5th Street S, Lethbridge, Alberta T1J 2B6 New

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$975,000

Highlights

$975,000

Price

3405 sqft

Lot

For sale

Status

A2296655

MLS® ID

Welcome to Round Street Business Hub409 5 Street South, Lethbridge, AlbertaStep into a piece of Lethbridge history. Originally built in 1907, this beautifully restored commercial building showcases its character with exposed brick walls uncovered during extensive renovations, blending timeless charm with modern functionality.Ideally located in the heart of downtown, directly east of Melcor Tower, this property offers excellent accessibility with ample surrounding parking.This extensively renovated, three-level commercial building features:17 private offices4 shared workstations4 bathroomsA common boardroomClient foyerKitchenette with coffee/tea/hot chocolate barRear paved parking for up to 5 vehiclesCurrently home to approximately 20 businesses and professionals, the building maintains strong occupancy and provides an excellent environment for entrepreneurs to grow and thrive. Designed by entrepreneurs, for entrepreneurs, the space reflects a deep understanding of the needs and challenges of small business ownership.This is a turnkey investment opportunity offering immediate cash flow, supported by solid financial performance with three years of financials available to qualified buyers.Significant upgrades include newer rooftop HVAC units, roof, windows, doors, flooring, and full interior renovations across all levels.Ownership is committed to ensuring a smooth transition and is willing to assist buyers in understanding the existing marketing and management systems to continue the building’s success.Whether you're looking to expand your business footprint or invest in a proven income-generating property, this is a rare opportunity to own your space while generating revenue from others.Adding to the appeal, the neighboring historic Greyhound Bus Station is currently undergoing a major transformation and is expected to reopen as a vibrant restaurant, bar, and pool hall—bringing even more energy and foot traffic to the area. (id:55690)

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    FEATURES AND AMENITIES

    Property Features

    • MLS® Number A2296655
    • Price $975,000
    • Square Footage: 3405 sqft
    • Property Type: Offices
    • Community Name: Downtown
    • Parking Space Total 5
    • Plan 4353s

    Buildings

    Constructed Date 1907 Cooling Type Central Air Conditioning
    Exterior Finish Brick, Stucco Fire Protection Smoke Detectors
    Foundation Type Poured Concrete Heating Fuel Natural Gas
    Heating Type Other Size Exterior 3404.75 Sqft
    Size Interior 3405 Sqft Total Finished Area 3404.75 Sqft
    Type Offices

    Land

    Acreage No Size Irregular 3128.00
    Size Total 3128 Sqft|0-4,050 Sqft Size Total Text 3128 Sqft|0-4,050 Sqft
    Zoning Description Cd

    Agents and Offices

    • DAVID AGEMA
    • OLIVER STRICKLAND
    • Office: Century 21 Foothills South Real Estate

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