Lethbridge, AB Commercial Real Estate for Lease and Sale

Explore 62 listings of Lethbridge commercial real estate to find the best space for your business.

SmartCentres Lethbridge Uplands

325 Bluefox Boulevard North, Uplands, Lethbridge, AB
Property

Retail

53,392 SF
Availability

1 Space

1,100 SF
For Lease Contact for pricing
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1265 3 Avenue South

1265 3 Avenue South, Upper Eastside, Lethbridge, AB
Property

Other

5,000 SF
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2920 26 Avenue South, Lethbridge, AB

2920 26 Avenue South, Redwood, Lethbridge, AB
Property

Other

36 SF
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120C Mayor Magrath Drive North

120C Mayor Magrath Drive North, Westminster, Lethbridge, AB
Property

Other

1,170 SF
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704 4 Avenue South

704 4 Avenue South, Downtown Lethbridge, Lethbridge, AB
Property

Other

1,200 SF
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473 41 Street South

473 41 Street South, W T Hill Business Park, Lethbridge, AB
Property

Other

12,190 SF
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1510A 31 Street North

1510A 31 Street North, Churchill Industrial Park, Lethbridge, AB
Property

Other

2,640 SF
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3302 3 Avenue South

3302 3 Avenue South, W T Hill Business Park, Lethbridge, AB
Property

Other

6,128 SF
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105 8 Street South
The Port Coworking Space
105 8 Street South, Lethbridge, AB
Services

Virtual Office

Event Space

Meeting Room
Amenities

Breakout spaces

Complimentary coffee & tea

Ethernet

Free water

High-speed internet

High-speed wifi

Printer

Projector

TV/Monitor

White boards
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498 41st Street South

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

Other

4,913 SF
Availability Contact for availability

For Lease Contact for pricing
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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.
  
  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 419,196 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 33,704 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 Industrial space, which accounts for 16,852 square feet of available listings. Retail space available in Lethbridge adds up to 14,115 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 $145.76 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.

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 Downtown Lethbridge.

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 $216 per square foot.
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:
- Retail properties here incorporate an average of 104,799 square feet.
- Industrial space in Lethbridge is in buildings that are, on average 16,852 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 525,275 square feet. Local retail availability includes 14,115 square feet across 4 retail space(s). Industrial space for rent opportunities in Lethbridge amount to 16,852 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Retail	4	14,115
Industrial	1	16,852
Other	28	494,308

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

SmartCentres Lethbridge Uplands

1265 3 Avenue South

2920 26 Avenue South, Lethbridge, AB

120C Mayor Magrath Drive North

704 4 Avenue South

473 41 Street South

1510A 31 Street North

3302 3 Avenue South

105 8 Street South

498 41st Street South

Frequently Asked Questions

Lethbridge, AB Currently Available Listings

Commercial Space for Lease Breakdown

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