Lethbridge, AB Commercial Real Estate for Lease and Sale

Explore 60 listings of Lethbridge commercial real estate for lease and for sale to find the best space for your business.

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Melcor Centre

200 4th Avenue South, Downtown Lethbridge, Lethbridge, AB
Property

Office

146,000 SF
Availability

18 Spaces

45,250 SF
For Lease Contact for pricing
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1276 3rd Avenue South - Lethbridge, AB

1276 3rd Avenue South, Upper Eastside, Lethbridge, AB
Property

Retail

7,226 SF
Availability Contact for availability

For Lease Contact for pricing
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1211 44 Avenue North & 4700 13 Street North

1211 44 Avenue North & 4700 13 Street North, Royal View, Lethbridge, AB
Property

VacantLand
For Sale

$8,400,000
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College Centre

2045 Mayor Magrath Drive South, Redwood, Lethbridge, AB
Property

Retail

64,317 SF
Availability

1 Space

10,372 SF
For Lease Contact for pricing
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Lacidem Building

542 7th Street South, Downtown Lethbridge, Lethbridge, AB
Property

Office

7,300 SF
Availability

2 Spaces

2,750 SF
For Lease Contact for pricing
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1018 3rd Avenue South

1018 3rd Avenue South, Upper Eastside, Lethbridge, AB
Property

Retail

1,868 SF
Availability

1 Space

1,868 SF
For Lease

$16.00/SF/YR
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526 39 Street North

526 39 Street North, Shackleford Industrial Park, Lethbridge, AB
Property

Industrial

4,320 SF
Availability

2 Spaces

4,320 SF
For Lease Contact for pricing
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1276 3rd Avenue South

1276 3rd Avenue South, Upper Eastside, Lethbridge, AB
Property

Retail

7,226 SF
For Sale

$1,750,000
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Centre Village Mall

1250 2A Avenue North, Senator Buchanan, Lethbridge, AB
Property

Retail

200,000 SF
Availability

11 Spaces

113,431 SF
For Lease Contact for pricing
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338 University Drive West

338 University Drive West, West Highlands, Lethbridge, AB
Property

Retail

13,000 SF
Availability

2 Spaces

2,774 SF
For Lease Contact for pricing
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110 Sunridge Boulevard West

110 Sunridge Boulevard West, Sunridge, Lethbridge, AB
Property

Retail

2,800 SF
For Sale

$340.00 PSF
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Pacific Palisade

1358 Mayor Magrath Drive South, Agnes Davidson, Lethbridge, AB
Property

Retail

24,000 SF
Availability

1 Space

4,150 SF
For Lease Contact for pricing
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Pacific Palisade

1334 Mayor Magrath Drive South, Agnes Davidson, Lethbridge, AB
Property

Retail

1 SF
Availability

3 Spaces

3,665 SF
For Lease Contact for pricing
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3120 32nd Street South, Unit #230

3120 32nd Street South, Unit #230, West Mayor Magrath Drive, Lethbridge, AB
Property

Office

40,000 SF
For Sale

$407,000
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921 3rd Avenue South

921 3rd Avenue South, Upper Eastside, Lethbridge, AB
Property

Office

12,491 SF
Availability

1 Space

1,250 SF
For Lease

$18.00/SF/YR
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498 41st Street South

498 41st Street South, W T Hill Business Park, Lethbridge, AB
Property

Office

4,913 SF
Availability

1 Space

5,500 SF
For Lease

$26.00/SF/YR
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4077 2nd Avenue South

4077 2nd Avenue South, W T Hill Business Park, Lethbridge, AB
Property

VacantLand

7,566 SF
For Sale

$625,000
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3690 36th Street North

3690 36th Street North, Sherring Industrial Park, Lethbridge, AB
Property

Industrial

105,000 SF
Availability

1 Space

28,288 SF
For Lease Contact for pricing
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1276 3rd Avenue South

1276 3rd Avenue South, Upper Eastside, Lethbridge, AB
Property

Retail

7,226 SF
Availability

1 Space

2,426 SF
For Lease

$20.00/SF/YR
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3510 5th Avenue North

3510 5th Avenue North, Anderson Industrial Park, Lethbridge, AB
Property

Industrial

12,032 SF
Availability

1 Space

6,016 SF
For Lease Contact for pricing
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Frontier Business Park

43rd Street North & Township Road 92, Lethbridge County, AB
Property

VacantLand
For Sale

Starting at $245,000 per acre
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3222 Giffen Road North

3222 Giffen Road North, Sherring Industrial Park, Lethbridge, AB
Property

VacantLand
For Sale

$595,000
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2920 9th Avenue North

2920 9th Avenue North, Senator Buchanan, Lethbridge, AB
Property

Industrial

49,235 SF
For Sale

$5,250,000
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#50 3447 30 Avenue North

#50 3447 30 Avenue North, Sherring Industrial Park, Lethbridge, AB
Property

Industrial

1,200 SF
For Sale

$215,000
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4077 2nd Avenue South

4077 2nd Avenue South, W T Hill Business Park, Lethbridge, AB
Property

VacantLand

7,566 SF
Availability

1 Space

5,630 SF
For Lease Contact for pricing
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3975 1st Avenue South

3975 1st Avenue South, Anderson Industrial Park, Lethbridge, AB
Property

Retail

28,350 SF
For Sale

Market Price
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Lethbridge commercial real estate market incorporates 377,400 square feet of office space across 15 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Lethbridge commercial real estate market includes 972,009 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Lethbridge market, there is a total of 234,892 square feet of industrial property.

The listing inventory in Lethbridge incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Lethbridge is represented by Retail space, which accounts for 283,382 square feet of available listings. Office space available in Lethbridge adds up to 83,466 square feet.

Meanwhile, most of the listings of commercial property for sale in Lethbridge are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Lethbridge is $20.81 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Lethbridge can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Lethbridge, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Lethbridge is in the Downtown Lethbridge neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Lethbridge area.

Meanwhile, retail space opportunities are most abundant in the West Mayor Magrath Drive submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Sherring Industrial Park.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $25 per square foot. In particular, the property type commanding the highest lease rates in Lethbridge was Retail space.

The average size of a commercial property in Lethbridge depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Lethbridge, the average size of an office property is 25,160 square feet.
Retail properties here incorporate an average of 36,001 square feet.
Industrial space in Lethbridge is in buildings that are, on average 23,490 square feet in size.

Lethbridge, AB Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Lethbridge currently add up to 484,345 square feet. The market offers 10 active office listing(s), which amount to 83,466 square feet and account for 25% of commercial spaces on the market. Local retail availability includes 283,382 square feet across 22 retail space(s). Industrial space for rent opportunities in Lethbridge amount to 80,538 square feet across a total of 5 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	10	83,466
Retail	22	283,382
Industrial	5	80,538
Other	3	36,959

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Lethbridge, AB. Currently, there is 292,164 square feet of commercial property for sale here , which includes 5 office building(s) for sale , 5 retail investment opportunity listing(s) , and 5 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	5	152,659
Retail	5	60,498
Industrial	5	60,938
Other	9	18,069

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Lethbridge, AB Commercial Real Estate for Lease and Sale

Melcor Centre

1276 3rd Avenue South - Lethbridge, AB

1211 44 Avenue North & 4700 13 Street North

College Centre

Lacidem Building

1018 3rd Avenue South

526 39 Street North

1276 3rd Avenue South

Centre Village Mall

338 University Drive West

110 Sunridge Boulevard West

Pacific Palisade

Pacific Palisade

3120 32nd Street South, Unit #230

921 3rd Avenue South

498 41st Street South

4077 2nd Avenue South

3690 36th Street North

1276 3rd Avenue South

3510 5th Avenue North

Frontier Business Park

3222 Giffen Road North

2920 9th Avenue North

#50 3447 30 Avenue North

4077 2nd Avenue South

3975 1st Avenue South

Frequently Asked Questions

Lethbridge, AB Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Lethbridge, AB Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Lethbridge, AB?

What factors affect the price of commercial real estate in Lethbridge, AB?

What is the average rent for commercial space in Lethbridge, AB?

What are the best areas for commercial real estate in Lethbridge, AB?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Lethbridge, AB?

Lethbridge, AB Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Office Searches

Popular Retail Searches

About us