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Home AB Red Deer Riverside Light Industrial Park
5913 50 Avenue
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5913 50 Avenue $1,899,900
$1,899,900
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5913 50 Avenue
Red Deer, Alberta T4N4C4

MLS® Number: A2145949

Listing Description

Prime Commercial Property in Red Deer. Lease Roll shows $224,902. Presenting an exceptional commercial property located in the heart of Red Deer, strategically positioned between the city’s two busiest streets, 50th Avenue and Gaetz Avenue. This nearly 10,000 sq. ft. property offers unparalleled visibility and accessibility, making it an ideal investment opportunity.Property Highlights:•Prime Location: Situated at the center of Red Deer, this property benefits from high traffic flow and excellent exposure.•Spacious Parking: Includes a large parking lot with its own title, ensuring ample parking space for tenants and visitors.•Versatile Space: Spanning three levels, the property hosts a variety of businesses. It features mostly office spaces, accommodating a long-standing real estate company of 20 years, accounting firm, and many other enterprises.•Modern Upgrades: Significant interior upgrades have been completed in some units, enhancing the appeal and functionality of the space.•Additional Revenue: Equipped with large billboards, this property provides an additional income stream through advertising.Don’t miss this opportunity to invest in a premium commercial property with excellent potential for long-term growth and income. (29256709)

Property Summary

Property Type
Other
Building Type
Commercial Mix
Community Name
Riverside Light Industrial Park
Subdivision Name
Riverside Light Industrial Park
Land Size
8503 sqft|7,251 - 10,889 sqft
Built in
1956
Annual Property Taxes
$15,082
Time on REALTOR.ca
95 days

Measurements

Square Footage
9573 sqft
Total Finished Area
9573 sqft
Exterior Building Size
9573 sqft

Land

Other Property Information
Zoning Description
C1
Data provided by: Pillar 9™
Cordell Nielsen