Lacombe’s Flatiron Building on the market

Owners of historic building asking for $1,290,000

The Flatiron building — Lacombe’s most recognizable landmark — is up for sale.

The building, which was built in 1904 as the Merchants Bank of Canada, is currently on the market for $1,290,000.

Owner of the building Glen Calkins said he and his wife decided to sell the building after they sold their Tim Horton’s locations in Lacombe, Blackfalds and Red Deer and no longer have no need for the office space they have in the Flatiron building. Calkins said their intent is to move towards retirement.

According to the listing, the building has been fully restored and is in pristine condition. Included is retail space, an upstairs penthouse and a business space which is currently occupied by Lacombe Regional Tourism.

The listing also states that the exterior of the building has had over $100,000 out into its restoration.

Calkins said the building was seriously dilapidated in 2000 when they purchased the property. This is why they decided to restore the building. Since the building is historically registered by the province, they were able to get some funding from the government.

“We probably wouldn’t have been able to restore the building without that help,” he said.

Renovations — which due to the historical designation needed to be in the spirit of the original design — include exterior brick and sandstone work, new flooring, every window replaced, new plumbing, new heating and new wiring.

Calkins said it is not an easy property to sell considering it has been both a part of his family’s history and the community.

“My dad grew up in Lacombe and told the story of when he used to sit on the front steps of the building and sell the newspaper,” he said.

According to Lacombe Regional Tourism’s website, the building opening in 1904 became the Bank of Montreal in 1922. Since then, the building has been home to many businesses before it was privately bought and renovated.

Calkins said they are looking for someone to buy the building that cares about the community in the building the same way they have.

“The building is something you should have a lot of pride in,” he said.

He added it is a great building and sees the purchase of it as an investment into the community.

“I hope that if it does sell, it gets sold to good people,” he said.



todd.vaughan@lacombeexpress.com

Like us on Facebook and follow us on Twitter

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Red Deer County has three new confirmed COVID-19 cases

Government says Alberta up to 1,181 total cases

Rimbey textile artists creating hand-made masks

Group has also been helped out by a local business

107 new cases of COVID-19 in Alberta, 5 additional deaths

More than 1,000 cases in Alberta total

WATCH: Town of Blackfalds released COVID-19 update video

Changes include Blackfalds Transfer Station hours of operation, BOLT schedules and staffing updates.

City of Lacombe announces BOLT Transit service change due to COVID-19

BOLT Transit is suspending its evening express route leaving from Red Deer at 8:24 p.m.

VIDEO: How doctors in Canada will decide who lives and dies if pandemic worsens

Officials in several provinces have been developing guides so that doctors don’t feel alone

A message from Central Alberta Co-op

Please remember to practice social distancing at all our locations.

Salute to health care workers set for Monday

Fire, RCMP and EMS to toot sirens, flash lights at 7 p.m. April 6

‘The Charter still applies’: Canadians urged to monitor civil liberties during pandemic

Civil rights advocates say citizens need to be vigilant about how authorities are using new powers

Full World COVID-19 update: National Guard collect ventilators in New York; Spain, Italy improve

Comprehensive coronavirus update with news from around the world.

Trudeau announces more financial help for country’s most vulnerable

$40 million will go to Women and Gender Equality Canada

Feds pulled between bailing out oil and gas and moving to cleaner energy

Number of national environment organizations demanding no cash be spent to help oil companies

The inexact science involved in predicting the likely path of COVID-19

Staying home could be the difference between 6,000 deaths by April 30 or 1,600 deaths

Most Read