102, 5229 50 Avenue Red Deer, Alberta T4N 4B4
$319,900
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) (id:57810)
Property Details
| MLS® Number | A2189668 |
| Property Type | Office |
| Community Name | Downtown Red Deer |
| Plan | 0425024 |
Building
| Constructed Date | 2000 |
| Construction Material | Wood Frame |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 2000 Sqft |
| Size Interior | 2,000 Ft2 |
| Total Finished Area | 2000 Sqft |
| Type | Offices |
Land
| Acreage | No |
| Size Total Text | Unknown |
| Zoning Description | C1 |
https://www.realtor.ca/real-estate/27838061/102-5229-50-avenue-red-deer-downtown-red-deer
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February 22 2025 04:40:57
Central Alberta REALTORS® Association
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