JN REAL ESTATE GROUP

Downtown Red Deer

FOR LEASE

$6.5

LEASE RATE · PER SQ. FT. / YEAR

1, 4418 50 Avenue , Red Deer · T4N 3Z6

MIXED USE · BUILT 1950

MLS A2237745 · 368 DAYS ON MARKET

Interested in this commercial property?

JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.

RE/MAX Complete Realty · Calgary

ABOUT THIS PROPERTY

This Downtown mixed use property is available for lease. The 1,976 SF space features a large storefront/reception area, two offices, a storage room, and a washroom, with large windows in the front that bring in plenty of natural light. The unit has recently undergone renovations including new vinyl flooring and fresh paint. This location is highly visible from 50th Avenue, with thousands of cars passing by daily. Introductory lease rate is for the first year of a long-term lease to a qualified Tenant. Additional Rent is estimated at $9.50 per square foot for the 2025 budget year.

DETAILS

TRANSACTION

TRANSACTION
For Lease
LEASE PERIOD
Annually
LEASE MEASURE
Square Feet

BUILDING

TYPE
Mixed Use
YEAR BUILT
1950

COMMUNITY

COMMUNITY
Downtown Red Deer
ZONING
C1
POSTAL CODE
T4N 3Z6

UTILITIES & COSTS

ANNUAL TAXES
$16,092

LISTING COURTESY OF JEREMY MAKILA · RE/MAX COMMERCIAL PROPERTIES

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.