Robert Lebosquain
(403) 271-0600
CIR Realty
403-271-0600
Bays 4-5, 7419 50 Avenue
Red Deer , Alberta T4P 1M5
Red Deer , Alberta T4P 1M5
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Bays 4-5, 7419 50 Avenue For Sale
$1,650,000
Looking to expand your portfolio, here is a solid investment property which is well maintained and in a great location. It is facing Gaetz Avenue - zoned C4 -semi-retail space with lots of available parking at the front, including 4 assigned stalls and two 10' X 14' drive-in doors at the rear with two man doors beside it. There is an available 455 sq ft mezzanine. LED lighting and HVAC throughout. The established tenant has 4 years left on the lease. It is currently showing a 4.6% yearly return.
Transaction Type
For Sale
For Sale
Days On Market
78
78
Zoning
C4
C4
Subdivision
Northlands Industrial Park
Northlands Industrial Park
Year Built
1976
1976
Structure Type
Industrial
Industrial
Property Type
Commercial
Commercial
Property Sub Type
Industrial
Industrial
Legal Plan
02211316
02211316
Building Area (Sq. Ft.)
9216.00
9216.00
Building Area (Sq. M.)
856.19
856.19
Inclusions
Drive through paint booth, circular hoist, front desk, and furniture
Drive through paint booth, circular hoist, front desk, and furniture
Restrictions
None Known
None Known
Reports
Formal Lease
Formal Lease