92 m
Distance
Exceptional commercial investment opportunity in Lethbridge's warehouse district. This offering includes 3 separate income producing buildings under one condominium structure, ideally positioned on a corner lot just off 3rd Avenue with quick access to Highway 3 (Crowsnest Trail). Combined daily traffic exceeds 40, 000 vehicles across both routes, providing outstanding visibility and exposure for tenants. Ample parking surrounds the property, benefiting both existing tenants and future customer traffic. All 3 buildings are leased, with tenants responsible for their proportionate share of property tax, insurance, and operating expenses. Rents are currently below market value, offering strong potential for income growth as leases renew. Net operating income reflects a 5.40% cap rate at the listed purchase price of $1.8M. The property features newer heating systems throughout, along with a partial roof replacement completed approximately 4 years ago, carrying an expected life span of 20 years. Ongoing maintenance and care are evident throughout. The condominium structure also provides flexibility for future ownership, allowing the buildings to be sold individually down the road if desired. A rare opportunity to acquire a diversified, multi tenant asset in one of Lethbridge's most accessible commercial corridors. Be sure to checkout the YouTube video & lets discuss how we can add this amazing commercial property to your portfolio!
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Lethbridge, AB area.
81/100
Very Walkable
Walk Score ®
43/100
Some Transit
Transit Score ®
69/100
Bikable
Bike Score ®
Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.
10 nearby routes: 10 bus, 0 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 33/100, Transit Score: 29/100, Bike Score: 37/100.
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3419 36 Street N
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3419 36 Street N
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UNIT B, 2401 WESTSIDE Drive W
4 bds • 2 ba • 138.05 sqft
212072 TWP RD 9-4
4 bds • 2 ba • 1486 sqft
212072 TWP RD 9-4
Source: Realty.com
1 3, 1416 2 Avenue S, Lethbridge, AB T1J 0E9 in Upper Eastside, Lethbridge, AB T1J 0E9 is a mixed use listed at $1,799,800. Highlights include built in 1977. Realty.ca has 49 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 49 photos of 1 3, 1416 2 Avenue S.
Our records indicate that 1 3, 1416 2 Avenue S was built in 1977.
The full address for this home is 1 3, 1416 2 Avenue S, Lethbridge, AB T1J 0E9.
1 3, 1416 2 Avenue S has been listed on Realty.com since Tue August 11, 2026
Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 33/100, Transit Score: 29/100, Bike Score: 37/100.
Listing provided courtesy of:
Lethbridge Real Estate.com
(tel: 403-327-8001)
Listing agent:
AMIN IQBAL
(tel: 403-393-4261)
This content last refreshed on 2026-09-29 21:03:55. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.