5216 48 Ave - Office/Residential FOR SALE


Red Deer, AB T4N 3T9
$395,000 CAD
403-314-6189
5216 48 Ave, Red Deer, AB for Sale
$395,000 CAD
Office/Residential - FOR SALE
1/12
null | Request Cap Rate

5216 48 Ave
Red Deer, AB T4N 3T9


HIGHLIGHTS

  • 3,500+ sq ft office space across three fully developed floors.
  • Prime downtown location with 12 paved parking stalls and metered parking on two sides.
  • C-1 zoning allows for flexible commercial uses in a well-maintained, air-conditioned building

OVERVIEW

Truly a unique property and opportunity, located in downtown Red Deer. Situated on a corner lot, this structure was originally a residence however over time has been converted to office use. It has retained some of its earlier characteristics and features, then combines them with modern finishing and a layout which is functional for office or potentially other commercial uses. Featuring 3 fully developed floors, including the basement which was professionally built-out in 2017.

FOR SALE DETAILS

PRICE

$395,000 CAD

PRICE/SF

$112 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Mike WilliamsonSalomons CommercialMore Info
403-314-6189

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Mike WilliamsonSalomons CommercialMore Info
403-314-6189

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