Liz Toles
(587) 220-1233
MY LIFE REALTY
403-715-7653
235 & 231 12B Street N
Lethbridge , Alberta T1H 2K8
Lethbridge , Alberta T1H 2K8
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235 & 231 12B Street N For Sale
$725,000
This unique commercial property is a versatile opportunity to own 5600sf of main floor space made up of a
front retail area (which was previously used for office/personal services) PLUS 3225sf of additional rear warehouse space that has been permitted for use as a fitness facility (complete with a 12' overhead door with loading at grade, 16' ceilings, and an accessible bathroom). An additional 1010sf mezzanine at front features a lounge area, a full bathroom with shower plus 3 offices... 2 with great storage closets. There are 3 designated parking spaces at back and access to 20+ FREE street parking spaces at front. Their is Central A/C to the front area and a newer HRV system in the warehouse (installed in 2020). The property is zoned I-B ( Industrial-Business) and is suited for anyone who in the trades/contractors, hardware/building supplies, household repair services, manufacturing, personal services, transportation, warehousing/wholesale. Neighbouring businesses include Canadian Tire, London Drugs, Save-On Food and DynaLife medical labs. Annual condo fees are $3928 which includes reserve fund contributions (for repair/replacement of roof and exterior) and insurance.
Transaction Type
For Sale
For Sale
Title
Fee Simple
Fee Simple
Days On Market
7
7
Zoning
I-B
I-B
Subdivision
Senator Buchanan
Senator Buchanan
Building Type
Condo Complex,Mixed Use,Office Building,Retail,Sports and Recreation,Street Level Storefront,Warehouse
Condo Complex,Mixed Use,Office Building,Retail,Sports and Recreation,Street Level Storefront,Warehouse
Year Built
1958
1958
Structure Type
Low Rise (2-4 stories)
Low Rise (2-4 stories)
Property Type
Commercial
Commercial
Property Sub Type
Mixed Use
Mixed Use
Legal Plan
0511747
0511747
Building Area (Sq. Ft.)
6614.00
6614.00
Building Area (Sq. M.)
614.46
614.46
Lot Size (Sq. Ft.)
28193
28193
Lot Size (Acres)
0.65
0.65
Footprint (Sq. Ft.)
5604
5604
Roof
Flat
Flat
Foundation
Slab
Slab
Cooling
Central Air,Partial
Central Air,Partial
Heating
Combination,Electric,Overhead Heater(s),Forced Air,Natural Gas
Combination,Electric,Overhead Heater(s),Forced Air,Natural Gas
Lot Features
Back Lane,Street Lighting
Back Lane,Street Lighting
Access to Property
Accessible to Major Traffic Route,Back Alley Access,Paved Lane,Public
Accessible to Major Traffic Route,Back Alley Access,Paved Lane,Public
Inclusions
N/A
N/A
Restrictions
None Known
None Known
Reports
Condo/Strata Bylaws,Environmental Phase 1,Environmental Phase 2,Survey Plan
Condo/Strata Bylaws,Environmental Phase 1,Environmental Phase 2,Survey Plan