Bob Sheddy

(403) 324-2222

Century 21 Masters

403-823-2121

1, 5511 50 Avenue
Red Deer , Alberta T4N 7A4

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Invest in Rocky View County - Main Page Commercial

1, 5511 50 Avenue For Sale

$299,000

Red Deer, Alberta

Transaction Type

For Sale

Days On Market

Zoning

C-1

Year Built

1979

Property Type

Commercial

Building Area (Sq. Ft.)

1561.00

Lot Size (Sq. Ft.)

1465

Listing ID: 32389

MLS ID: A2261103

Summary
Details

An outstanding opportunity to own or lease a renovated corner bay with excellent visibility in a busy commercial complex. This 1,561 sq. ft. condo bay (approx. 54 ft x 29 ft) features a bright open retail area, a private office, secured storage, washroom, and a convenient rear entrance for shipping and receiving. The property includes a paved parking lot with two entrances, offering plenty of on-site parking for staff and customers, and a new roof was installed in 2017. Basic rent is $12.00 per sq. ft. with additional rent of $7.00 per sq. ft. (NNN). Tax amount (2025) $6,450.41 annually or $537 monthly. Zoned C-1, ideal for retail, showroom, or service-based businesses.

Transaction Type
For Sale

Days On Market
1

Zoning
C-1

Subdivision
Downtown Red Deer

Building Type
Commercial Mix,Condo Complex,Retail,Street Level Storefront,Strip Mall

Year Built
1979

Structure Type
Mixed Use

Property Type
Commercial

Property Sub Type
Retail

Legal Plan
9920252

Building Area (Sq. Ft.)
1561.00

Building Area (Sq. M.)
145.02