About 1 & 2 Combined, 204 Centre Street N
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.
Features of 1 & 2 Combined, 204 Centre Street N
| MLS® # | A2229853 |
|---|---|
| Price | $675,000 |
| Acres | 0.22 |
| Year Built | 1961 |
| Type | Commercial |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 1 & 2 Combined, 204 Centre Street N |
|---|---|
| Subdivision | NONE |
| City | Sundre |
| County | Mountain View County |
| Province | Alberta |
| Postal Code | T0M 1X0 |
Amenities
| Utilities | Cable Available, Sewer Available, Water Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Lot Description | Back Lane, Low Maintenance Landscape, Private |
|---|---|
| Construction | Brick, Concrete, See Remarks, Stucco |
Additional Information
| Date Listed | July 5th, 2025 |
|---|---|
| Days on Market | 249 |
| Zoning | C-1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | First Place Realty |
|---|
