5212 48 St - Office CONDO FOR SALE


Red Deer, AB T4N 7C3
$620,000-$765,000 CAD
403-391-0669
5212 48 St, Red Deer, AB for Sale
$620,000-$765,000 CAD
Office CONDO - FOR SALE
1/4
2,203-2,506 SF | 7.51% Cap Rate

5212 48 St
Red Deer, AB T4N 7C3


HIGHLIGHTS

  • Provides convenient access and strong visibility within the city’s core trade area.
  • Uses supported under DC Direct Control zoning for office and retail operations.
  • Established professional tenants.
  • Flexible unit sizes suitable for professional office, dental, and retail users.
  • Natural light and exterior visibility supported by large front windows.
  • Shared surface parking and accessible pedestrian-friendly plaza design.

OVERVIEW

Prime investment opportunity to purchase two condos in Heritage Village, Red Deer. This busy commercial center offers professional property management, excellent parking for staff and clientele, easy access to Taylor Drive and Ross Street, steps away from the newly anticipated Capstone development, Red Deer River trail system, and the Red Deer Regional Hospital. Unit A203 is a second floor sale-leaseback opportunity with Shajani CPA, Chartered Professional Accountants & Advisors. Preference is to sell both units together as a package.

FOR SALE DETAILS

PRICE

$620,000-$765,000 CAD

CAP RATE

7.51%

# OF UNITS

2

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

5,891 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

2.21 AC

LAND SF

96,268 SF

ZONING

DC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Blair McArthurColliersMore Info
403-391-0669

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Blair McArthurColliersMore Info
403-391-0669

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