Oceanfront Commercial Properties! Room for Expansion for the Eager Entrepreneur

$525,000 neg
City/Town: Lethbridge
Area: Eastern
Posted: Wed, Apr 7, 12:52 PM
For sale 2.04 acres of scenic waterfront commercial residential property with mature landscape located on Diamonds Point, Lethbridge near Clarenville off of Discovery Trail highway. Plenty of space for additional apartments!

Includes five apartment complex as well as a 1100 sq.ft. 2 bedroom , 1 bathroom single dwelling located adjacent to apartment complex. Bungalow has separate driveway to main road. Property contains two small sheds and artesian well which produces 15 galloons of water per minute. Bungalow has new gyprock, flooring, door, vanity, countertop and sink as well as front veranda done in 2020. All new windows and shingles going in this Spring.

Apartment complex constructed in 2002 with renovations completed as necessary. Units have only ever been rented to seniors and have been rented since its construction with numerous inquiries about vacancies.

Building lot size land included adjacent to the main road extending to the beach, on property as well.

Serious inquires only please.
Asking $525,000.
MEDIA (Click thumbnails for larger view)

Sandy Portland

Member Since: November 23, 2011

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