2 months ago
$597,000
204 Centre Street North
Sundre, Alberta · T0M1X0
MLS® Number: A2300385
- 5,335Square Feet
Listing 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:65883)
Property Summary
- Property Type
- Retail
- Building Type
- Retail
- Square Footage
- 5,335 sqft
- Title
- Freehold
- Built in
- 1961
- Time on Edmonton Real Estate
- 2 months ago
Legal Description
Plan :- 0035697986 Block :- 1 Lot :- 19
Building
Interior Features
- Flooring
- Concrete
Building Features
- Style
- Retail
- Construction
- Poured concrete
- Year Built
- 1961
- Building Amenities
- Concrete, Brick, Stucco, See Remarks
Land
Lot
- Lot Size
- 9795 square feet
- Lot Dimensions
- 9795.00
- Lot Features
- Visual exposure, Back lane, VisitAble
Zoning
- Zoning
- C-1
Utilities
Services
- Utilities
- Water, Sewer, Cable
- Water Source
- Municipal water
Tax & HOA
Tax
- Annual Tax
- $4,170
- Tax Year
- 2026



