
1 & 2 combined, 204 Centre Street N
Sundre, Alberta, T0M1X0
$597,000
4,800
Sq Ft
9795.00
Lot Size
1961
Year Built
Commercial
Type
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
Property Type
Commercial
Transaction
Sale
MLS®
A2300385
Days on Market
132 days
Year Built
1961
Lot Size
9795.00
Annual Tax
$6,125
Postal Code
T0M1X0
City / Municipality
Sundre
Province
Alberta
Location
Listing data provided by REALTOR.ca via the CREA Data Distribution Facility (DDF®). The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA).
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