Listed on: Jun 06, 2026
Last Updated: Jun 10, 2026
6,321 ft²Office$799,000Sale
6,321 ft²
Office
$799,000
Sale
Neil Friesen
REAL BROKER
The Space
Asking Price$799,000
Available Space6,321 ft²
MLS® IDA2318328
ZoningDT
Year Built1963
SourceLethbridge and District
The Building
Excellent investment opportunity featuring a well-maintained 6,300 sq. ft. commercial building with strong street exposure and dual access from two streets, including ample on-site parking. The property currently generates stable income with three existing tenants in place and offers immediate upside through the lease-up of two vacant office spaces. With a current cap rate of approximately 6.7%, investors have the opportunity to further increase returns by filling the remaining vacancies and optimizing rental income. The building is in good condition, minimizing near-term capital expenditures, and its prominent frontage and accessibility make it an attractive location for current and future tenants. A solid asset with both dependable cash flow and value-add potential.
Property TypeOffice
Building Size6,321 ft²
MLS® IDA2318328
ZoningDT
Year Built1963
The data included on this listing is deemed to be reliable, but is not guaranteed to be accurate by Pillar 9™
Up to $500K for Alberta businesses
Need help paying suppliers, covering renovation and repair costs, or hiring new employees? Merchant Growth has flexible financing solutions for any situation.
