8121 49 Ave Close - Service CONDO FOR SALE


Red Deer, AB T4P 2V5
$369,900 CAD
587-802-4133
8121 49 Ave Close, Red Deer, AB for Sale
$369,900 CAD
Service CONDO - FOR SALE
1/26
2,000 SF | 7.02% Cap Rate

8121 49 Ave Close
Red Deer, AB T4P 2V5


HIGHLIGHTS

  • Flexible Ownership Opportunity – Purchase as a fully leased investment or occupy part of the space while generating rental income.
  • High-Quality Industrial Features – 23’ ceilings, 16’ overhead doors, fenced storage yards, sump pits, and 220 amp, three-phase, 600V power.
  • Prime Location with Strong Accessibility – Situated in Northlands Industrial Park, with easy access to Highway 2A and Highway 11A

OVERVIEW

The current tenants are well-established businesses, providing strong rental income with an average lease rate of $14.82/sq. ft. (semi-NNN). With I1 industrial zoning, this property is a great fit for investors looking for a turnkey, income-generating asset, as well as business owners seeking to secure their own space while benefiting from additional lease revenue. Located in a highly accessible area with easy connections to Highway 2A, Highway 11A, and the future Ring Road development, this property sits in the heart of a thriving industrial hub, surrounded by other well-maintained commercial properties. Whether you’re looking to expand your business or strengthen your investment portfolio, this industrial asset presents a versatile and profitable opportunity in a prime Red Deer location.

FOR SALE DETAILS

PRICE

$369,900 CAD

CAP RATE

7.02%

# OF UNITS

2

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

6,000 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

I-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Patrick GaleslootCentury 21 AdvantageMore Info
587-802-4133

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Patrick GaleslootCentury 21 AdvantageMore Info
587-802-4133

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