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242 12B St N 3,600 SF Industrial Building Lethbridge, AB T1H 2K7 $378,996 USD ($105.28 USD/SF)
Investment Highlights
- Close to downtown and easily accessible from 12B Street North, 2 Avenue North, and Stafford Drive North.
- Retail businesses in the area also include Play it Again Sports, Color Me Mine, and Cutter Loose Motorsports.
- Neighbouring tenants include a mixed neighbourhood of office, retail, and industrial businesses.
Executive Summary
This stand-alone industrial and retail building features two units (240 and 242) that are fully demised and separately metered. The site is fully fenced and gated, with two rear parking stalls, a rear entrance, and security cameras at both the front and back entrances. Five unmetered angle-parking stalls are available at the front for customer use. The property has strong visibility along 12B Street North and provides an opportunity for prominent signage. Each unit includes a front showroom, office, washroom, and shop space with a 10’ x 12’ overhead door and unit heaters. Unit 240 also includes a mini make-up-air unit. Unit 242 is currently occupied by the Veterans Association Food Bank and produces stable income. The property is well suited for an owner-user who wishes to operate from one unit while utilizing the other for supplementary revenue or future expansion.
Property Facts
| Price | $378,996 USD | Lot Size | 0.14 AC |
| Price Per SF | $105.28 USD | Rentable Building Area | 3,600 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1980 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Zoning | I-B - Business Industrial | ||
| Price | $378,996 USD |
| Price Per SF | $105.28 USD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.14 AC |
| Rentable Building Area | 3,600 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | I-B - Business Industrial |
Amenities
- Yard
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
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242 12B St N
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