5229 50 AVE #102 Active Save Request In-Person Tour Request Virtual Tour
Red Deer,AB T4N 4B4
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision Downtown Red Deer
MLS Listing ID A2189668
Year Built 2000
Property Sub-Type Office
Property Description
Attractive 9.4% CAP RATE Return on this C1-zoned ,Class A PROFESSIONAL OFFICE SPACE W/ optional 15-PARKING STALL separate lot (individually titled) ! This 2,000 SQ FT +/- , First-Class, END-CAP UNIT Office space, located right on GAETZ AVE SOUTH! Main-level GAETZ AVE FRONTAGE, featuring 7 generous offices, front reception w/ built in desk, 2 baths, a big boardroom w/ kitchenette, a server/ storage room as well as 6 common parking spots out front. Low condo fee's of $367.88/month. (2024) Need more parking? OPTION TO BUY THE ADDITIONAL 25'x125' gravelled parking lot (4927-53 street) which has 15 stalls (can be rented @ $60.00/month/stall) Listed at $149,900.00. Sold together ($469,800.00)or separate. Superb location with HIGH VISIBILITY and a traffic count, well over 7,000 cars/day. Visit REALTORS® website for more detailed information. Tenant pays $3,286.68/month ($15.00/PSF ($2,500/month), plus $4.72/PSF NNN costs ($786.68)
Location
State AB
County Red Deer
Zoning C1
Interior
Heating Forced Air,Natural Gas
Cooling Central Air
Exterior
Roof Type Tar/Gravel
Building
Dwelling Type Low Rise (2-4 stories)
Foundation Poured Concrete
Structure Type Brick,Wood Frame
Others
Restrictions None Known
Tax ID 91714320
Virtual Tour https://my.matterport.com/show/?m=4aCL96XddfF&brand=0