Versatile industrial property

Offering Summary

  • Opportunity 3,600 sf
  • Site Size 0.14 acres
  • Legal Address 406R;141; 5,6
  • Zoning Business Industrial (I-B)
  • Sale Price $525,000
  • Property Taxes N/A
  • Possession Negotiable

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. Unit 242 is currently occupied by the Veterans Association Food Bank and produces stable income. The property is well suited for an owner-user who wishes to operate from one unit while utilizing the other for supplementary revenue or future expansion.

Location Description

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.

Property Highlights

Mix of showroom, office, and shop

Two, 10’ x 12’ OHD

Fully fenced and gated
Fully demised and separately metered

Two, 100-amp, single-phase electrical service

Currently tenanted

Location Map

Downloads

Sale Brochure

Team

Josh Marti
Josh Marti
Principal, Vice President
Avison Young
Ryan DiFlorio

Ryan DiFlorio

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