JN REAL ESTATE GROUP

Downtown Red Deer

FOR SALE

$3,399,000

PURCHASE PRICE

4826 50 Street , Red Deer · T4N 1X4

MIXED USE · BUILT 1999

MLS A2342417 · 0 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

Downtown Investment Opportunity! Located in the heart of downtown Red Deer, along busy 50th (Ross) Street, this 3-storey office building with two additional parking lots is available for sale. Bishop Place is 36,370 SF over 4 floors (including the basement). The building is anchored by long-standing main floor tenant, Rexall Pharmacy. There are 5 parking stalls at the rear of the building. Included in the sale are two additional parking lots on separate titles, located at 5010 48 Avenue, Red Deer (12,500 SF - 35 stalls) and 4819 51 Street, Red Deer (6,250 SF - 13 stalls). Both parking lots are fully paved and have power service and plug-in's for each stall. The building is located directly across from City Hall Park and just down the street from the Ross Street Patio. This is an excellent opportunity for an owner/user looking for office space downtown or investment. The properties are professionally managed by Sunreal Property Management.

DETAILS

TRANSACTION

TRANSACTION
For Sale

BUILDING

TYPE
Mixed Use
YEAR BUILT
1999

COMMUNITY

COMMUNITY
Downtown Red Deer
ZONING
C-1
POSTAL CODE
T4N 1X4

UTILITIES & COSTS

ANNUAL TAXES
$83,378

LISTING COURTESY OF CAMERON TOMALTY · RE/MAX COMMERCIAL PROPERTIES

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