505 7 Street S
Active Listing

505 7 Street S

505 7 Street S, Lethbridge

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$950,000Price
8,876Sq Ft

This versatile mixed-use commercial property offers a unique blend of storefront visibility, flexible workspace, and residential income potential.

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This versatile mixed-use commercial property offers a unique blend of storefront visibility, flexible workspace, and residential income potential. Conveniently located to the Park 'n Ride Transit Terminal. The building features three ground-floor commercial units with excellent street exposure, making it ideal for retail, service, or professional use. The second level includes a spacious 2-bedroom residential apartment with private access—perfect for owner occupancy, rental income, or staff housing. An additional two private office spaces, ideal for small businesses or remote work setups, complete the secondo level. A single-car detached garage with back alley access adds further value for parking or storage

Specifications

Property Details

Property TypeCommercial
Property SubtypeMixed Use
StructureLow Rise (2-4 stories)
Transaction TypeFor Sale
Living Area8,876 sq ft
Building Area8,876 sq ft
Year Built1946
Annual Taxes$13,381 (2025)
ZoningC-D
PossessionNegotiable
Occupant TypeTenant
Days on Market31
ListedFebruary 17, 2026
NeighbourhoodDowntown
MLS NumberA2286859
The Location

Downtown

505 7 Street S, Lethbridge, Alberta, T1J 2G8

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Your Luxury Real Estate Specialist

Inquiries & Private Showings

Spencer Rivers

Calgary luxury real estate specialist. Whether you are looking to buy, sell, or simply want more information about this property, I am here to help.

Listing courtesy of Bankers Commercial Real Estate.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2025 are $13,381. Contact Spencer Rivers for the most recent assessment documents.
Is a private viewing available?expand_more
Yes, private viewings are available by appointment. Contact Spencer Rivers at 403-966-9237 or visit our contact page to schedule a showing.
What is the listing status?expand_more
This property is currently Active. MLS A2286859. Listed February 17, 2026. Listed by Bankers Commercial Real Estate.

Ask About This Property

Get in touch with Spencer Rivers for a private showing, detailed floor plans, or more information about this listing.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board (CREB). The trademarks MLS, Multiple Listing Service and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Data last updated: April 6, 2026.