Wesley Giesbrecht
(403) 350-5674
Century 21 Advantage
403-346-0021
102, 5229 50 Avenue
Red Deer , Alberta T4N 4B4
Red Deer , Alberta T4N 4B4
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102, 5229 50 Avenue For Sale
$319,900
Red Deer, Alberta
Transaction Type
For Sale
Days On Market
97
Zoning
C1
Year Built
2000
Property Type
Commercial
Building Area (Sq. Ft.)
2000.00
Listing ID: 29065
MLS ID: A2189668
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)
Transaction Type
For Sale
For Sale
Days On Market
97
97
Zoning
C1
C1
Subdivision
Downtown Red Deer
Downtown Red Deer
Building Type
Commercial Mix,Mixed Use,Office Building,Retail,Street Level Storefront
Commercial Mix,Mixed Use,Office Building,Retail,Street Level Storefront
Year Built
2000
2000
Structure Type
Low Rise (2-4 stories)
Low Rise (2-4 stories)
Property Type
Commercial
Commercial
Property Sub Type
Office
Office
Legal Plan
0425024
0425024
Building Area (Sq. Ft.)
2000.00
2000.00
Building Area (Sq. M.)
185.80
185.80
Construction Type
Brick,Wood Frame
Brick,Wood Frame
Roof
Tar/Gravel
Tar/Gravel
Foundation
Poured Concrete
Poured Concrete
Cooling
Central Air
Central Air
Heating
Forced Air,Natural Gas
Forced Air,Natural Gas
Inclusions
N/A
N/A
Restrictions
None Known
None Known
Reports
Other Documents
Other Documents
