Downtown Red Deer
FOR SALE
$4,000,000
PURCHASE PRICE
4822 50 Street , Red Deer · T4N 1X4
MIXED USE · BUILT 1977
MLS A2332877 · 17 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
Extensively renovated and upgraded, this 30,993 SF building is ready to build out to suit. There are 3 floors, plus basement, and the upgrades include: updated stone and stucco exterior; bright and open stairwells; new windows on each floor; new elevator; new digital access and security system; new washrooms (completed on the main floor and framed, plumber, wired and drywalled on 2nd and 3rd floors) and automatic lighting. The building is located beside Red Deer's upcoming Surgical Centre, close to the Ross Street Patio, and across the street from beautiful City Hall Park. There are 18 parking spots included, five right behind the building and 13 across the alley. An additional 28 stalls can also be available. Red Deer has a new economic development initiative underway and the new Nexus Homeless Shelter is addressing downtown homeless issues. Exciting things are happening in downtown Red Deer and this beautiful building offers a blank slate.
DETAILS
TRANSACTION
- TRANSACTION
- For Sale
BUILDING
- TYPE
- Mixed Use
- YEAR BUILT
- 1977
- CONSTRUCTION
- Concrete
- ROOF
- Tar/Gravel
- FOUNDATION
- Poured Concrete
PARKING
- TOTAL PARKING
- 18
LOT & EXTERIOR
- LOT SIZE (SQFT)
- 8,276
- LOT SIZE (ACRES)
- 0.19
COMMUNITY
- COMMUNITY
- Downtown Red Deer
- ZONING
- C-1
- POSTAL CODE
- T4N 1X4
UTILITIES & COSTS
- HEATING
- Natural Gas
- COOLING
- Central Air
- ANNUAL TAXES
- $49,095