$3,288,000.00 22,702 Sq.ft

122 5 ST S, Lethbridge. T1J 2B2

Description

REVENUE INCOME ALERT! This RARE FANTASTIC 27+5 UNIT MULTI-USE MULTI-RESIDENCE REFURBISHED Building, CENTRALLY LOCATED to DOWNTOWN, SCHOOLS, SHOPPING + RIGHT ACROSS the STREET from the recently updated GALT GARDENS, you couldn't ask for a better LOCATION! HUGE lot w/32 UNITS - 16,546 sq ft of DEVELOPED SPACE for tenant occupation; (5) commercial UNITS, (2) 2 bdrm suites, (6) 1 bdrm suites + (19) bachelor suites. Each unit has a 4 piece bath, FUNCTIONAL kitchen, living room, + the larger units have their own DINING ROOM, plus access to the COMMON LAUNDRY. ADDITIONALLY, a TOP FLOOR PENTHOUSE-TYPE suite w/in-suite LAUNDRY + OVERSIZED DOUBLE GARAGE is PERFECT for the OWNER/MANAGER. Current commercial tenants: Chiropractor office, Hair salon, Mexican restaurant, Coffee shop, Tattoo parlour. This is an OUTSTANDING INVESTMENT OPPORTUNITY + WILL NOT LAST. Looking for VALUE for the $$$ in a SOLID QUIET Building; then your search for an AMAZING INVESTMENT OPPORTUNITY is over. It doesn't get much better than this!!!

Listing Information

Prop. Type:Commercial
Status:
MLS #:C4219742
City:Lethbridge
Neighbourhood:South Lethbridge City
Province:Alberta
Building/Unit Size: 22,702 sq.ft
Lot Size:145 sq.ft
Land Size:0.14 Acre
Listing Price:$3,288,000.00
Listing Price Arce:$22,912,900 per Acre
Lease Rate:$0.00 per sq.ft
Business Type:Misc Personal Services
Property Type:Commercial
Property Subtype:Multi Unit
Transaction Type:For Sale
Land Use Code:C-D
Listing Contract Date:2018-12-11

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "RE/MAX HOUSE OF REAL ESTATE" listing brokerage.

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