409 5th Street S Lethbridge, Alberta T1J 2B6

$975,000

Welcome to Round Street Business Hub409 5 Street South, Lethbridge, AlbertaStep into a piece of Lethbridge history. Originally built in 1907, this beautifully restored commercial building showcases its character with exposed brick walls uncovered during extensive renovations, blending timeless charm with modern functionality.Ideally located in the heart of downtown, directly east of Melcor Tower, this property offers excellent accessibility with ample surrounding parking.This extensively renovated, three-level commercial building features:17 private offices4 shared workstations4 bathroomsA common boardroomClient foyerKitchenette with coffee/tea/hot chocolate barRear paved parking for up to 5 vehiclesCurrently home to approximately 20 businesses and professionals, the building maintains strong occupancy and provides an excellent environment for entrepreneurs to grow and thrive. Designed by entrepreneurs, for entrepreneurs, the space reflects a deep understanding of the needs and challenges of small business ownership.This is a turnkey investment opportunity offering immediate cash flow, supported by solid financial performance with three years of financials available to qualified buyers.Significant upgrades include newer rooftop HVAC units, roof, windows, doors, flooring, and full interior renovations across all levels.Ownership is committed to ensuring a smooth transition and is willing to assist buyers in understanding the existing marketing and management systems to continue the building’s success.Whether you're looking to expand your business footprint or invest in a proven income-generating property, this is a rare opportunity to own your space while generating revenue from others.Adding to the appeal, the neighboring historic Greyhound Bus Station is currently undergoing a major transformation and is expected to reopen as a vibrant restaurant, bar, and pool hall—bringing even more energy and foot traffic to the area. (id:64686)

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https://www.realtor.ca/real-estate/29520539/409-5th-street-s-lethbridge-downtown