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$525,000
Est. payment /mo
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Senator Buchanan
MLS® Listing ID A2291919
Year Built 1959
Annual Tax Amount $9,452
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Retail
Source Medicine Hat
Property Description
This stand-alone industrial and retail building features two units (240 and 242) that are fully demised and separately metered. The site is fully fenced and gated, with two rear parking stalls, a rear entrance, and security cameras at both the front and back entrances. Five unmetered angle-parking stalls are available at the front for customer use. The property has strong visibility along 12B Street North and provides an opportunity for prominent signage. Each unit includes a front showroom, office, washroom, and shop space with a 10' x 12' overhead door and unit heaters. Unit 240 also includes a mini make-up-air unit. Both units are currently occupied by the Veterans Association Food Bank and produces stable income. The subject property is located in North Lethbridge, close to downtown and easily accessible from 12B Street North, 2 Avenue North, and Stafford Drive North. Neighbouring tenants include a mixed neighbourhood of office, retail, and industrial businesses. This includes Centre Village Mall with anchors Canadian Tire, Save-On-Food, and London Drugs. There are industrial services such as Niels & Gord's Lawn Mower & Small Engine Repair, and Bridge City Doors. Retail businesses in the area also include Play it Again Sports, Color Me Mine, and Cutter Loose Motorsports.
Location
Province AB
County Lethbridge
Zoning I-B
Interior
Inclusions None
Others
Restrictions None Known
Tax ID 101428332
Ownership Private
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Listed by AVISON YOUNG
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