204 Centre Street North,Sundre, AB T0M1X0
Sundre, AB T0M1X0
Description
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:13843)
Details
| MLS # | A2300385 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Status | Active |
| Year | 1961 |
| Days On Site | 209 |
| Listing Provided By | First Place Realty | Cyril Lewis |
Features
| SQ Feet | 4,800 |
|---|---|
| Building(s) | 1 |
| Zoning | C-1 |
| Acreage | 0.22 |
Interior
| Fireplace Yes / No | No |
|---|
Exterior
| Lot Features | Visual exposure, Back lane, Visit Able |
|---|---|
| Construction Materials | Poured concrete |
Utilities
| Utilities | Water, Sewer, Cable |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 6125 |
|---|---|
| Tax Block | 1 |
| Tax Lot | 19 |
| Tax Year | 2026 |
Area Information
| Province | AB |
|---|---|
| City | Sundre |
| Postal Code | T0M1X0 |
| Listing VS Median (in T0M1X0) | |
Price: $597,000 low | high Med: $524,900 sqft: 4,800 low | high Med: 1,313 $ / sqft: $124 low | high Med: $400 On site: 209 low | high Med: 33 | |
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Learn More About This Property
| Province | AB |
|---|---|
| City | Sundre |
| Postal Code | T0M1X0 |
| Listing VS Median (in T0M1X0) | |
Price: $597,000 low | high Med: $524,900 sqft: 4,800 low | high Med: 1,313 $ / sqft: $124 low | high Med: $400 On site: 209 low | high Med: 33 | |