122 5 ST S , Lethbridge

Bed / $3,288,000 / MLS® #:C4219742

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REVENUE INCOME ALERT! This RARE FANTASTIC 27+5 UNIT MULTI-USE MULTI-RESIDENCE REFURBISHED Building, CENTRALLY LOCATED to DOWNTOWN, SCHOOLS, SHOPPING + RIGHT ACROSS the STREET from the recently updated GALT GARDENS, you couldn't ask for a better LOCATION! HUGE lot w/32 UNITS - 16,546 sq ft of DEVELOPED SPACE for tenant occupation; (5) commercial UNITS, (2) 2 bdrm suites, (6) 1 bdrm suites + (19) bachelor suites. Each unit has a 4 piece bath, FUNCTIONAL kitchen, living room, + the larger units have their own DINING ROOM, plus access to the COMMON LAUNDRY. ADDITIONALLY, a TOP FLOOR PENTHOUSE-TYPE suite w/in-suite LAUNDRY + OVERSIZED DOUBLE GARAGE is PERFECT for the OWNER/MANAGER. Current commercial tenants: Chiropractor office, Hair salon, Mexican restaurant, Coffee shop, Tattoo parlour. This is an OUTSTANDING INVESTMENT OPPORTUNITY + WILL NOT LAST. Looking for VALUE for the $$$ in a SOLID QUIET Building; then your search for an AMAZING INVESTMENT OPPORTUNITY is over. It doesn't get much better than this!!!

Property Details

Property Type Commercial
Lot Dimensions 36.25 x 16
Square Feet 22702
Property Taxes $30,009
Days On Our Website 163
Full Baths 0
Half Baths 0
Air Conditioning False
Water Municipal

Listing Office: RE/MAX HOUSE OF REAL ESTATE

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