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1 & 2 combined, 204 Centre Street N
Sundre Alberta T0M1X0 Canada

$597,000

Active Listing ID A2300385
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5,335 square feet
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Retail

$597,000

Active Listing ID A2300385
Save

1 & 2 combined, 204 Centre Street N 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:203)

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Property Features

  • Facts
  • Property Sub-type: Retail
  • Features
  • Exterior Finish: Concrete, Brick, Stucco, See Remarks
  • Floor Covering: Concrete
  • Additional Features
  • Basement
Listing Changed: 4/12/2026 6:35:53 AM GMT
Source Updated Date: 4/12/2026 8:14:37 AM GMT

Courtesy of: Lori Petersen, Associate, First Place Realty