$1,650,000.00 9,216 Sq.ft

Bays 4-5, 7419 50 Avenue , Red Deer. T4P 1M5

Description

Looking to expand your portfolio, here is a solid investment property which is well maintained and in a great location. It is facing Gaetz Avenue - zoned C4 -semi-retail space with lots of available parking at the front, including 4 assigned stalls and two 10' X 14' drive-in doors at the rear with two man doors beside it. There is an available 455 sq ft mezzanine. LED lighting and HVAC throughout. The established tenant has 4 years left on the lease. It is currently showing a 4.6% yearly return.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2191126
City:Red Deer
Neighbourhood:Northlands Industrial Park
Province:Alberta
Building/Unit Size: 9,216 sq.ft
Land Size:0.00 Acre
Listing Price:$1,650,000.00
Lease Rate:$76,032.00 Annually
Business Type:
Property Subtype:Industrial
Transaction Type:For Sale
Land Use Code:C4
Listing Contract Date:2025-02-10

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "CIR Realty" listing brokerage.

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