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4,800 sqft

C$597,000

204 Centre Street N Unit: 1 & 2 combined, Sundre Alberta, T0M 1X0

Price per sqftC$124.38
Built in1961
Property size4,800 sqft
Property typeCommercial

Overview

Active

Listed Apr 8, 2026

Updated 10 days ago

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.

Additional information

MLS® ID
A2300385

Interior Features

Basement
No

Exterior Features

Lot Size
0.22 Acres

Courtesy of First Place Realty, Cyril Lewis

Listing Contact: 403-903-2219 

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Data last updated 5:11 AM UTC, 10/11/2026

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