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.Land,Building and business all being sold together.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 ene rgy and foot traffic to the area. (id:2493)
Data was last updated March 30, 2026 at 11:45 AM (UTC)
Area Statistics
Listings on market:
46
Avg list price:
$144,000
Min list price:
$1
Max list price:
$12,000,000
Avg days on market:
72
Min days on market:
3
Max days on market:
399
Avg price per sq.ft.:
$134.71
These statistics are generated based on the current listing's property type
and located in
Downtown. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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