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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 $525,000 CAD
Price Per SF $145.83 CAD
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
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 39908439

  • Date on Market: 2026-03-25

  • Last Updated:

  • Address: 242 12B St N, Lethbridge, AB T1H 2K7

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