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$585,000
Est. payment /mo
1.14 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision Wt Hill Business Park
MLS® Listing ID A2329132
Condo Fees $245
Year Built 2009
Annual Tax Amount $10,147
Tax Year 2026
Lot Size 1.140 Acres
Acres 1.14
Property Sub-Type Office
Source Medicine Hat
Property Description
Property Description
Well-located office condo investment opportunity in Lethbridge's established Auto Mall district. This 1,826 sf end cap unit is fully leased with a strong net income of $41,998 and a new 10-year lease in place with a reputable local business, offering investors stable, long-term cash flow.
The unit features a functional layout including four private offices, a boardroom, kitchenette, washroom, and a rear shop/storage area with a 16' overhead door. This offering represents a turnkey investment in a proven commercial node with dependable tenancy and long-term upside.
Location Description
Strategically located in the WT Hill Professional Building, the property benefits from excellent connectivity and exposure within Lethbridge's prominent Auto Mall area. The site offers convenient access to Highway 3.
Surrounded by a well-established mix of automotive dealerships and professional service providers, including McDonald Nissan, Westwind Honda, Pure Casino, The Bridge Sports Therapy, and BCB Engineering. The area experiences consistent vehicle and customer traffic, supporting long-term tenant stability and demand.
Well-located office condo investment opportunity in Lethbridge's established Auto Mall district. This 1,826 sf end cap unit is fully leased with a strong net income of $41,998 and a new 10-year lease in place with a reputable local business, offering investors stable, long-term cash flow.
The unit features a functional layout including four private offices, a boardroom, kitchenette, washroom, and a rear shop/storage area with a 16' overhead door. This offering represents a turnkey investment in a proven commercial node with dependable tenancy and long-term upside.
Location Description
Strategically located in the WT Hill Professional Building, the property benefits from excellent connectivity and exposure within Lethbridge's prominent Auto Mall area. The site offers convenient access to Highway 3.
Surrounded by a well-established mix of automotive dealerships and professional service providers, including McDonald Nissan, Westwind Honda, Pure Casino, The Bridge Sports Therapy, and BCB Engineering. The area experiences consistent vehicle and customer traffic, supporting long-term tenant stability and demand.
Location
Province AB
County Lethbridge
Zoning C-H
Interior
Cooling Central Air
Inclusions None
Others
Restrictions Easement Registered On Title,Restrictive Covenant,Utility Right Of Way
Tax ID 112566523
Ownership Private
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Listed by AVISON YOUNG
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