$319,900.00 2,000 Sq.ft

102, 5229 50 Avenue , Red Deer. T4N 4B4

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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)

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2189668
City:Red Deer
Neighbourhood:Downtown Red Deer
Province:Alberta
Building/Unit Size: 2,000 sq.ft
Land Size:0.00 Acre
Listing Price:$319,900.00
Lease Rate: $0.00
Business Type:
Property Subtype:Office
Transaction Type:For Sale
Land Use Code:C1
Listing Contract Date:2025-01-23

For fast response, please email us via the “Inquiry Via Email” button with your contact information.

Calvin Kawa

Inquiry via email

(403) 512-9988
  

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "Century 21 Advantage" listing brokerage.

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