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Descriptions:
Exceptional Investment Opportunity in Historic Downtown Lacombe! Own a landmark commercial building in one of Central Alberta’s most charming and well-visited historic main streets. Ideally positioned for maximum visibility and strong pedestrian traffic, this property offers incredible potential for investors or owner-operators alike. The main floor provides a versatile commercial space perfect for retail, professional offices, or boutique services, while the upper level features two fully leased suites generating immediate rental income. Significant capital improvements have already been completed, including a full roof replacement where five layers were removed down to the wood and replaced with a high-quality membrane system (approximately $90,000) in 2022 this along with many upgraded windows over the years, this along with a commercial on demand water system make this a building with decades of community presence, now ready for its next chapter. Opportunities like this in downtown Lacombe rarely come to market.
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| Status: |
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Pending
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| Includes: |
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2 fridges, 2 stoves, 2 dishwashers, washer and dryer, all ceiling fans, all blinds and window coverings |
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| Location & Listing Info: |
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| Neighbourhood: |
Downtown Lacombe
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| Nearest Town: |
Lacombe |
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| Property Info: |
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| Property Type: |
Mixed Use |
| Year Built: |
1920 |
| Brokerage: |
CIR Realty |
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Contact Stephan Trudel -
4505 50 Ave unit 103, Sylvan Lake, Alberta, T4S 1W2
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association.
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