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8 5511 50 Avenue in Red Deer: RR Downtown Red Deer Commercial for sale or lease : MLS®# CA0135358

8 5511 50 Avenue Red Deer T4N 4B8 : RR Downtown Red Deer

Main Photo: 8 5511 50 Avenue in Red Deer: RR Downtown Red Deer Commercial for sale or lease : MLS®# CA0135358
$574,000
Prop. Type:
Commercial
MLS® Num:
CA0135358
Status:
For Lease
Bus Major:
N/A
**FOR SALE OR LEASE, ALSO AVAILABLE ON A MONTH-TO-MONTH LEASE TERM AT $8.00/SF PLUS NNN, CONDITIONS APPLY** Opportunity to purchase or lease a larger (2,554sf) commercial condo unit, located on the corner of a busy downtown intersection and highly visible to southbound traffic crossing the Red Deer River. This is an end unit in complex. Mainly open space, suitable for a variety of uses including retail, open office concept, education centre, and/or has redevelopment potential. Existing development includes single office, kitchenette and two multi-fixture washrooms. Entire South and West side of unit has large floor to ceiling windows. Air conditioned. Current condo fees are $563.35/month plus $100.00/month for management. Current estimated NNN is $6.98/sf.
Listing Area:
Red Deer
Listing Sub-Area:
RR Downtown Red Deer
County Or Parish:
Red Deer County
Bathrooms:
0.0
Taxes:
$9,083 / 2017
Property Type:
Commercial
Property Sub Type:
Building
Total Floor Area:
Switch units of measure2,554 sq. ft.
Lot Depth:
Switch units of measure0'
Lot Frontage:
Switch units of measure0'
Lot Shape:
Standard
LINC Number:
0027815019
Title:
Fee Simple
Business Type:
N/A
Year built:
1979
Finished Area.:
Switch units of measure2,554 sq. ft.
Possession:
By Date Specified
Transaction Type:
For Sale/Lease
Lease Count:
0
Zoning:
C-1
Listed by Century 21 Advantage
Data was last updated November 15, 2019 at 11:10 PM (UTC)
Benedict Devlin Team

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