Red Deer, AB T4N 4B4,5229 50 AVE #102
Red Deer, AB T4N 4B4,5229 50 AVE #102,Video Tour
Red Deer, AB T4N 4B4,5229 50 AVE #102
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21
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Sat
22
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23
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$319,900
Est. payment /mo

UPDATED:

01/24/2025 12:25 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Subdivision Downtown Red Deer

MLS® Listing ID A2189668

Originating Board Central Alberta

Year Built 2000

Annual Tax Amount $5,387

Tax Year 2024

Property Sub-Type Office

Property 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)

Location

Province AB

County Red Deer

Zoning C1

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Exterior

Roof Type Tar/Gravel

Building

Foundation Poured Concrete

Structure Type Brick,Wood Frame

Others

Restrictions None Known

Tax ID 91714320

Ownership Private

Virtual Tour https://my.matterport.com/show/?m=4aCL96XddfF&brand=0


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Listed by Century 21 Advantage
agent

Ken Rigel

Team Lead

+1(403) 207-1748

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