JN REAL ESTATE GROUP

Downtown Red Deer

FOR SALE

$329,900

PURCHASE PRICE

4919 48 Street , Red Deer · T4N 1S8

MIXED USE · BUILT 1978

MLS A2319889 · 30 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

Priced Substantially below assessed value. At this price business just makes sense. This property offers an excellent opportunity for owner-occupiers in the downtown core. It is conveniently located within walking distance to all central amenities and businesses, with three parking stalls situated at the rear of the building. The main floor is leased through to July 2027 and features multiple office spaces, including three private offices, a boardroom (which may serve as a fourth office), a reception area, work room, open workspace, and storage room. Additional amenities include a dedicated furnace, air conditioning, double doors for unloading, and a private washroom. The second floor contains its own separate entrance and provides two distinct office suites. Each suite features two offices, spacious reception and work areas, and two bathrooms; one suite also includes a kitchenette. The second floor may be leased (MLS # A2285825) in part or in its entirety. This arrangement is ideal for investors who wish to utilize the second floor while earning income from the main floor lease.

DETAILS

TRANSACTION

TRANSACTION
For Sale
LEASE MEASURE
Square Feet

BUILDING

TYPE
Mixed Use
YEAR BUILT
1978

LOT & EXTERIOR

LOT SIZE (SQFT)
2,888
LOT SIZE (ACRES)
0.07

COMMUNITY

COMMUNITY
Downtown Red Deer
ZONING
C1
POSTAL CODE
T4N 1S8

UTILITIES & COSTS

ANNUAL TAXES
$7,947

LISTING COURTESY OF MICHAEL GOUCHIE · ROYAL LEPAGE LIFESTYLES REALTY

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