242 12B ST N, Lethbridge, AB T1H 2K7
242 12B ST N, Lethbridge, AB T1H 2K7
242 12B ST N, Lethbridge, AB T1H 2K7
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$525,000
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6,098 Sqft Lot
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242 12B ST N Lethbridge, AB T1H 2K7

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Senator Buchanan

MLS® Listing ID A2291919

Year Built 1959

Annual Tax Amount $9,452

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Retail

Source Medicine Hat

Property Description

The subject property is located in North Lethbridge, close to downtown and easily accessible from 12B Street North, 2 Avenue North, and Stafford Drive North. Neighbouring tenants include a mixed neighbourhood of office, retail, and industrial businesses. This includes Centre Village Mall with anchors Canadian Tire, Save-On-Food, and London Drugs. There are industrial services such as Niels & Gord's Lawn Mower & Small Engine Repair, and Bridge City Doors. Retail businesses in the area also include Play it Again Sports, Color Me Mine, Live Better Cafe, and Cutter Loose Motorsports.
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.

Location

Province AB

County Lethbridge

Zoning I-B

Interior

Inclusions None

Others

Restrictions None Known

Tax ID 101428332

Ownership Private


Listed by AVISON YOUNG

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Shawn Rahman

Shawn Rahman

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+1(403) 200-1577

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242 12B ST N