$1,799,800
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1 3, 1416 2 Avenue S, Lethbridge, AB T1J 0E9

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!

  • MLS® A2336371
  • Date Listed08/11/2026
  • Days on Realty 49 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Subdivision Upper Eastside
  • County Lethbridge
  • Year Built 1977

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T1J 0E9

Discover key demographics, population statistics, and environmental insights for the Lethbridge, AB area.

Walkability in AB / T1J 0E9

Source: Walk Score

81/100

Very Walkable

Walk Score ®

43/100

Some Transit

Transit Score ®

69/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.


Transit Summary

10 nearby routes: 10 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 33/100, Transit Score: 29/100, Bike Score: 37/100.

Points of Interest near 1 3, 1416 2 Avenue S, Lethbridge, AB T1J 0E9

Frequently Asked Questions for 1 3, 1416 2 Avenue S

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.