2810 Bremner Ave - Storefront FOR SALE


Red Deer, AB T4R 1M9
$11,000,000 CAD
604-385-3770
2810 Bremner Ave, Red Deer, AB for Sale
$11,000,000 CAD
Storefront - FOR SALE
1/21
null | 7.91% Cap Rate

2810 Bremner Ave
Red Deer, AB T4R 1M9


OVERVIEW

Investment Highlights: Exceptional opportunity to acquire a fully stabilized, income-producing commercial asset in one of Red Deer’s most established commercial corridors. Strategically located at 2810 Bremner Avenue, adjacent to Bower Place Mall and just off Gaetz Avenue (Highway 2A), this high-exposure property offers strong accessibility, excellent surrounding amenities, and long-term investment stability. Why Investors Will Like This Asset: - Strong in-place cash flow with stabilized, diversified tenancy - Prime location in one of Red Deer’s busiest commercial nodes - Direct exposure to Gaetz Avenue (Hwy 2A) with excellent access - Adjacent to Bower Place Mall, Red Deer’s premier regional shopping destination - Extensively repositioned and upgraded in 2018, minimizing near-term capex risk - Medical-anchored tenancy offering stable, recession-resilient income - Below replacement cost opportunity with strong barriers to entry - Surrounded by major retailers, hospitality, and service-oriented businesses - Convenient regional connectivity: 4 minutes to Downtown Red Deer, approx. 1.3 hours to Calgary and 1.4 hours to Edmonton Investment Summary: 2810 Bremner Avenue presents a compelling opportunity to acquire a high-quality, fully leased commercial asset in Central Alberta, offering immediate cash flow, a strategic location, and long-term upside potential through active asset management.

FOR SALE DETAILS

PRICE

$11,000,000 CAD

PRICE/SF

$297 CAD /SF

CAP RATE

7.91%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

177

LAND DETAILS

LAND ACRES

2.99 AC

LAND SF

130,244 SF

ZONING

DC-1

APN/PARCEL ID

30000920250

ASK ABOUT THIS PROPERTY

Jas OberoiRe/Max Performance RealtyMore Info
604-385-3770

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Jas OberoiRe/Max Performance RealtyMore Info
604-385-3770

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.