REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 299,000
Est. payment /mo
Active
5511 50 AVE #1 Red Deer, AB T4N 7A4
1,561 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,561 sqft
Price per Sqft $191
Subdivision Downtown Red Deer
MLS Listing ID A2261103
Year Built 1979
Lot Size 1,306 Sqft
Acres 0.03
Property Sub-Type Retail
Property Description
An outstanding opportunity to own or lease a renovated corner bay with excellent visibility in a busy commercial complex. This 1,561 sq. ft. condo bay (approx. 54 ft x 29 ft) features a bright open retail area, a private office, secured storage, washroom, and a convenient rear entrance for shipping and receiving. The property includes a paved parking lot with two entrances, offering plenty of on-site parking for staff and customers, and a new roof was installed in 2017. Basic rent is $12.00 per sq. ft. with additional rent of $7.00 per sq. ft. (NNN). Tax amount (2025) $6,450.41 annually or $537 monthly. Zoned C-1, ideal for retail, showroom, or service-based businesses.
Location
State AB
Zoning C-1
Interior
Inclusions None
Fireplace No
Exterior
Garage No
Building
Dwelling Type Mixed Use
Others
Restrictions None Known
Listed by Century 21 Masters
