242 12B St N - Warehouse FOR SALE


Lethbridge, AB T1H 2K7
$525,000 CAD
403-330-3338
242 12B St N, Lethbridge, AB for Sale
$525,000 CAD
Warehouse - FOR SALE
1/23
null | Request Cap Rate

242 12B St N
Lethbridge, AB T1H 2K7


HIGHLIGHTS

  • 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.
  • Retail businesses in the area also include Play it Again Sports, Color Me Mine, and Cutter Loose Motorsports.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$525,000 CAD

PRICE/SF

$146 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14

LAND SF

6,098

ZONING

I-B

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Josh MartiAvison YoungMore Info
403-330-3338

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Josh MartiAvison YoungMore Info
403-330-3338

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.