11,738 ft²Office$2,600,000Sale
11,738 ft²
Office
$2,600,000
Sale
Ashley Soames
Avison Young - Lethbridge
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The sale includes the building and a 0.24-acre parking lot with 25 stalls. The current net income on the building is $150,753 and the current rent income for the parking lot is $19,585. Desirable single-story office building. This property has a strong tenant in place and is generating an annual net income of $150,753. There is currently a vacant unit, making this property an excellent opportunity for an owner-user. Please contact an Associate to discuss this opportunity further.
- Zone 3 (3 Hour) street parking
- Private parking in rear (25 stalls)
- 25 stall parking lot included
- Quality neighbouring tenant mix
The Space
Asking Price$2,600,000
Available Space11,738 ft²
SourceBuildout
The Building
The subject property offers a frontage on 5th Street South and convenient access via 6th Avenue South. Neighbouring businesses include 4 Elements Wellness Clinic, Jaded Body Arts, Round Table Board Gamerie, Training Inc., HearingLife, and Lethbridge Liquor Store.
Property TypeOffice
Building Size11,738 ft²
Building ClassB
Additional Listings at515 5 Street South, Lethbridge, AB
Type
Suite
Price
Size
Space Type
Lease
515 5th Street South
$14.00/sf/yr
5,000 ft²
Office
Up to $500K for Alberta businesses
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