MLS® A2300385 · Active
1 & 2 combined, 204 Centre Street N
Sundre, Alberta
$597,000
Source-listed price. Confirm sale or lease terms and availability.
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Property details
- MLS®
- A2300385
- Status
- Active
- Property type
- Retail
- City
- Sundre
- Year built
- 1961
- Living area
- 4800 square feet
- Listing brokerage
- First Place Realty
About this property
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)
Location
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Listing information provided through CREA DDF®. Listing courtesy of First Place Realty. Source attribution · REALTOR.ca
Details, measurements, price and availability may change and require verification. MLS® and REALTOR® are trademarks of the Canadian Real Estate Association.