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$ 850,000
Est. payment /mo
Active
1 & 2 combined, 204 Centre Street N Sundre, AB T0M1X0
5,335 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 5,335 sqft
Price per Sqft $159
MLS® Listing ID A2229853
Year Built 1961
Lot Size 9,795 Sqft
Acres 9795.0
Property Sub-Type Freehold
Source Calgary Real Estate Board
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. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Flooring Concrete
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
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