Max Field
(403) 343-3023
Salomons Commercial
403-343-3023
5121 50 Avenue
Red Deer , Alberta T4N 4B3
Red Deer , Alberta T4N 4B3
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5121 50 Avenue For Sale
$800,000
Commercial two storey building and parking lot in historic Downtown Red Deer. Located at the entrance to Downtown on Little Gaetz. Character building with exposed brick and several upgrades. The second floor has separate entrance and could be used as a separate unit. The parking lot has 16 stalls with the potential for income generation. Parking lot is separately titled and included in the sale of the building. Lease options would also be considered.
Transaction Type
For Sale
For Sale
Title
Fee Simple
Fee Simple
Days On Market
702
702
Year Built
1947
1947
Lot Size (Acres)
0.24
0.24
Zoning
C1
C1
Subdivision
Downtown Red Deer
Downtown Red Deer
Building Type
Free-Standing,Low Rise (2-4 stories),Retail,Walk-up
Free-Standing,Low Rise (2-4 stories),Retail,Walk-up
Structure Type
Retail
Retail
Property Type
Commercial
Commercial
Property Sub Type
Retail
Retail
Legal Plan
H
H
Building Area (Sq. Ft.)
6500.00
6500.00
Building Area (Sq. M.)
603.86
603.86
Lot Size (Sq. Ft.)
10450
10450
Construction Type
Brick
Brick
Inclusions
N/A
N/A
Restrictions
None Known
None Known
Reports
Aerial Photos,Environmental Phase 1,RPR,Title
Aerial Photos,Environmental Phase 1,RPR,Title