Diamond Manor Apartment

address icon 204 Centre Street Sundre Alberta

FEATURED For Sale Date icon Mar 10, 2026

Description

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.

General info

  • MLS Listing ID A2229853

  • Bedrooms 0

  • Bathrooms 0

  • Year built 1961

  • Floor Finish Concrete

Amenities

  • Visual exposure
  • Back lane
  • VisitAble

Location

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