Primary photo of 1 & 2 combined, 204 Centre Street N, Sundre
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Retail For Sale

$597,000

MLS® Number: A2300385

Floor Area

5,335

Land Size

9,795

Year Built

1961

1 & 2 combined, 204 Centre Street N, Sundre, Alberta

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.

Property Details

Interior Details

Flooring

Concrete

Living Area

5335 sqft

Building & Exterior

Building Area Total

5334.76

Building Area Units

square feet

Exterior Features

Concrete, Brick, Stucco, See Remarks

Number Of Buildings

1

Year Built

1961

Land & Location

Lot Features

Visual exposure, Back lane, VisitAble

Lot Size Area

9795.0 sqft

Lot Size Dimensions

9795.00

Parcel Number

0035697986

Postal Code

T0M1X0

Utilities & Services

Utilities

Water, Sewer, Cable

Listing & Financials

Listing Office

First Place Realty

Originating System Name

Calgary Real Estate Board

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($119,400)
5.5%
25 Years

Estimated Monthly Payment

$2,933

Principal and interest only. Actual rates may vary.

Location & Map

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