1 & 2 combined, 204 Centre Street N
Sundre T0M 1X0
MLS® Number: A2229853
$ 675,000
0
BEDROOMS
0 + 0
BATHROOMS
1961
YEAR BUILT
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. Private viewings by appointment only. Please do not approach staff.
| COMMUNITY | |
| PROPERTY TYPE | Retail |
| BUILDING TYPE | Retail |
| STYLE | N/A |
| YEAR BUILT | 1961 |
| SQUARE FOOTAGE | 0 |
| BEDROOMS | 0 |
| BATHROOMS | 0 |
| BASEMENT | |
| AMENITIES | |
| APPLIANCES | |
| COOLING | |
| FIREPLACE | N/A |
| FLOORING | Concrete |
| HEATING | |
| LAUNDRY | |
| LOT FEATURES | Back Lane, Low Maintenance Landscape, Private |
| PARKING | |
| RESTRICTIONS | None Known |
| ROOF | |
| TITLE | Fee Simple |
| BROKER | First Place Realty |
| ROOMS | DIMENSIONS (m) | LEVEL |
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