4929 50 St - Retail FOR SALE


Red Deer, AB T4N 1X9
$999,900 CAD
587-802-1904
4929 50 St, Red Deer, AB for Sale
$999,900 CAD
Retail - FOR SALE
1/3
null | Request Cap Rate

4929 50 St
Red Deer, AB T4N 1X9


HIGHLIGHTS

  • Downtown location across from busy Ross Street patio
  • Extensive upgrades to HVAC in past year

OVERVIEW

Towne Centre Mall is a 30,100 sq ft retail/office plaza located on bustling Ross Street, directly across from the Ross Street Patio which has many popular shops and restaurants with summertime outside seating and live music. It's also around the corner from Little Gaetz Ave. which hosts summertime markets every week. 21 lease spaces of varying sizes are perfect for small business startups and boutiques. Existing tenants range from a cafe to barber shop, stamps and coins, beauty salon, laser treatments, photography studio etc. Large, airy common areas and glass storefronts give it a mall feel. Common washrooms on all floors.

FOR SALE DETAILS

PRICE

$999,900 CAD

PRICE/SF

$33 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Towne Centre Mall

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

C1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Dale RussellRE/MAX Real Estate Central AlbertaMore Info
587-802-1904

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Dale RussellRE/MAX Real Estate Central AlbertaMore Info
587-802-1904

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