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
Square Footage 2,000 sqft
Price per Sqft $149
Subdivision Downtown Red Deer
MLS Listing ID A2259933
Year Built 2000
Property Sub-Type Office
Property Description
Attractive 10% CAP RATE Return on this C1-zoned ,Class A PROFESSIONAL OFFICE SPACE W/ optional 13-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 $129,900.00. Sold together ($429,800.00)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 currently pays $3,286.68/month ($15.00/PSF ($2,500/month), plus $4.72/PSF NNN costs ($786.68)
Location
State AB
Zoning C1
Interior
Heating Forced Air,Natural Gas
Cooling Central Air
Inclusions Fridge
Fireplace No
Exterior
Roof Type Tar/Gravel
Garage No
Building
Dwelling Type Low Rise (2-4 stories)
Foundation Poured Concrete
New Construction No
Others
Restrictions None Known
Virtual Tour https://my.matterport.com/show/?m=4aCL96XddfF&brand=0