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701,703,705 2 Avenue SOUTH, Lethbridge, AB, T1J 0C4

MLS® # A2090142
Commercial For Sale In Downtown, Lethbridge, Alberta
$1,650,000
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
701,703,705 2 Avenue South, Lethbridge, AB
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ACTIVE
701,703,705 2 Avenue SOUTH, Lethbridge, AB, T1J 0C4
$1,650,000

Property Information:

Welcome to 2 AVE South, Lethbridge, Alberta. Multipurpose (office/retail) building in downtown Lethbridge is an exceptional investor opportunity to purchase a building that is 4248 SF leased for 5 years. This is a very rare opportunity to start your own business or lease out the remaining two vacant bays, ensuring a steady returns on your investment. Very well maintained building, close to all the amenities offered by Downtown Lethbridge (restaurants, shopping malls, various retail stores, government buildings and active life.)The highlight of this building is its excellent location in the heart of the city, next to the city's largest shopping malls, banks, hotels and courts, within walking distance to food, medicine, government services, CASA and post office. To the right of this building is a huge central park where new facilities have been constructed recently for the Core Downtown Revitalization Project. This is the first time on market FOR SALE!! The building is a large corner location, just minutes to Highway 3, and Scenic Drive S with convenience parking in the front and/or side. It is very rare to find so many parking spaces in the city center. Some parking spaces has been leased for several years.This building is perfect for professional offices, retail stores, lawyers, realtors, builders, or mortgage companies and so many more!!

Inclusions: N/A

Property Features:

  • Built in: 1946
  • Construction Materials: Concrete, Veneer
  • Floor Space (approx): 9644.00 Square Feet
  • Foundation Details: Slab
  • Lot Size: 12500.00 Square Feet
  • Property Access: Direct Access
  • Roof: Tar/Gravel
  • Utilities: Cable Available, Electricity Available
  • Water Source: Public
  • Zoning: C-D Downtown Commercial
  • Sewer: Sewer

Courtesy of: Maxwell Devonshire Realty

Data provided by: Lethbridge And District Association Of REALTORS® 516 6 St. S, Lethbridge, Alberta T1J 2E2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 701,703,705 2 Avenue SOUTH, Lethbridge, AB, T1J 0C4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

31 hot days expected in 2050

Projected Storm Risk: Significant

11 storms expected in 2050

Projected Heat Risk: High

31 hot days expected in 2050

51/100

High

ClimateCheck®

Current data

This property, 701,703,705 2 Avenue SOUTH, experiences 7 hot days per year at around 31.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 36.2 degrees Celsius.

Projected Avg. Temperature

Past
31.9℃
2050
36.2℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Significant

11 storms expected in 2050

21/100

Significant

ClimateCheck®

Current data

This property, 701,703,705 2 Avenue SOUTH, experiences 10 significant 2-day storms per year, with about 189.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 203.9mm of precipitation per year.

Precipitation Per Storm

Past
189.4mm
2050
203.9mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 701,703,705 2 Avenue SOUTH, Lethbridge, AB, T1J 0C4

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$82,442.50

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.31 %

High school certificate or equivalent

32.42 %

Apprenticeship trade certificate/diploma

7.1 %

College/non-university certificate

24.69 %

University Degree

12.47 %

Commuter

Travel To Work

By Car

76.29 %

By Public Transit

0.0 %

By Walking

7.28 %

By Bicycle

0.72 %

By Other Methods

15.71 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

50.95 %

Houses

49.05 %

Own Vs. Rent