780-832-5880

1 & 2 combined, 204 Centre Street N
Sundre (A2229853)

$850,000
5,335 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

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.

Property details

Basic Info

MLS® #
A2229853
Property Type:
Commercial
Subtype:
Retail
Subdivision:
NONE
Price
$850,000
Sale/Lease:
For Sale
Size:
5,335 sq.ft.
Year Built:
1961 (65 years old)

Building Info

Structure Type:
Retail
Garage:
No
Fence:
Basement:
No
Inclusions:
Negotiable

Lot / Land Info

Lot Size:
0.22 acres
Lot Features:
Back Lane, Low Maintenance Landscape, Private
Water:
Public
Utilities:
Cable Available, Sewer Available, Water Available
Zoning:
C-1

Materials & Systems

Exterior:
Brick,Concrete,See Remarks,Stucco
Floors:
Concrete

Listing Info

Possession:
Negotiable
Days on Market:
174
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  • Cord Spero

    RE/MAX Grande Prairie
    780-832-5880

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