$699,000.00 5,289 Sq.ft

212 5 Street S, Lethbridge. T1J2B3

Description

**** Price Reduced **** One of a kind opportunity to own your elegant Restaurant business with property. Second level has well built and spacious apartment with separate street entrance. The restaurant space is set up for a perfect classic European dining experience. Seating for 60 plus a private party room with French doors opening to main dining area. Completely equipped kitchen with wood fired built in oven. The full size basement is mostly finished and has plenty of storage and a large wine cellar. The building has been recognized as historically significant by the Lethbridge historical society. The downtown location is close to all amenities, parks, gardens, shopping malls, etc. Great foot traffic in the area, make for great restaurant exposure. The second floor of the building is a 3 bedroom apartment unit, with separate entrance. Large kitchen with island and stainless steel appliances. Two separate living room/ bonus room areas. Harwood floors and tiles throughout. The solarium also has a small sauna leading to a large patio. The unit is currently tenant occupied. This is a great live and work opportunity for the future restaurateur, or as an excellent investment property.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2085528
City:Lethbridge
Neighbourhood:Downtown
Province:Alberta
Building/Unit Size: 5,289 sq.ft
Land Size:0.07 Acre
Listing Price:$699,000.00
Lease Rate: $0.00
Business Type: Restaurant Restaurant
Property Subtype:Business
Transaction Type:For Sale
Land Use Code:C-D
Listing Contract Date:2023-10-01

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "GREY POWER PD REALTY INC." listing brokerage.

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