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$ 850,000
Est. payment /mo
Active
204 Centre ST N #1 & 2 combined Sundre, AB T0M 1X0
5,334 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,334 sqft
Price per Sqft $159
MLS Listing ID A2229853
HOA Y/N No
Year Built 1961
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Retail
Property Description
This well-constructed, fire-resistant cinder brick building comprises approximately 5,334 sq ft of above-grade space and offers a combination of durable construction, functional layout, and future adaptability. The building was originally configured to support two independent commercial units, providing immediate optionality for multi-tenant leasing or strategic reconfiguration.
The asset features two rear receiving doors and rear yard access suitable for deliveries and service, enhancing usability across a range of commercial tenant profiles. The current owner is prepared to lease back all or a portion of the building, offering the opportunity for immediate stabilized income with longer-term upside through leasing optimization or space reconfiguration. An owner-operator may occupy approximately half the premises while generating income from the balance, or secure a full lease-back to anchor returns from day one.
Located on Sundre's primary commercial corridor, the property benefits from consistent local demand, established surrounding businesses, and seasonal population inflow. This is a low-vacancy risk asset with multiple execution paths, suitable for investors seeking predictable income today with clear value-add opportunities over time.
Private viewings by appointment only. Please do not approach staff.
The asset features two rear receiving doors and rear yard access suitable for deliveries and service, enhancing usability across a range of commercial tenant profiles. The current owner is prepared to lease back all or a portion of the building, offering the opportunity for immediate stabilized income with longer-term upside through leasing optimization or space reconfiguration. An owner-operator may occupy approximately half the premises while generating income from the balance, or secure a full lease-back to anchor returns from day one.
Located on Sundre's primary commercial corridor, the property benefits from consistent local demand, established surrounding businesses, and seasonal population inflow. This is a low-vacancy risk asset with multiple execution paths, suitable for investors seeking predictable income today with clear value-add opportunities over time.
Private viewings by appointment only. Please do not approach staff.
Location
Province AB
Zoning C-1
Direction N
Interior
Flooring Concrete
Inclusions Negotiable
Fireplace No
Exterior
Utilities Available Cable Available, Sewer Available, Water Available
Water Access Desc Public
Accessibility Accessible Doors, Accessible Entrance, No Stairs/One Level, Visitor Bathroom
Garage No
Building
Lot Description Back Lane, Low Maintenance Landscape, Private
Dwelling Type Retail
Water Public
Others
Restrictions None Known
Virtual Tour https://youriguide.com/204_centre_st_n_sundre_ab
Listed by First Place Realty