




4,800 sqft
C$597,000
1 & 2 combined, 204 Centre Street N, Sundre Alberta, T0M1X0
Price per sqftC$124.38
Built in1961
Property size4,800 sqft
Property typeOther
Courtesy of Cyril Lewis with First Place Realty
Overview
Active
Listed Apr 9, 2026
Updated 58 min ago
Motivated seller is offering 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.While the list price is for the building and land with a lease back, the seller will consider any scenarios or requests, including the sale of the business, etc. Private viewings by appointment only. Please do not approach staff. (id:41202)
Other Property Details
- Taxes
- $6,125
- Tax Frequency
- Annually
Courtesy of Cyril Lewis with First Place Realty
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