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4819 48 Avenue, Red Deer, Alberta T4N 3T2

MLS® # A2346263

$879,900

Property Size 9750
Year Built 1960

Description

Excellent investment opportunity! This two-storey building is conveniently located directly across from Red Deer’s new Courthouse/Justice Centre and near the Red Deer Transit Station hub Located directly on 49th Street in the heart of Downtown Red Deer, this commercial property offers high-visibility storefront placement with strong foot and vehicle traffic. The property spans a generous 9,750" sq. ft." above grade. Originally constructed in 1960, the building’s substantial footprint and flexible layout make it an ideal candidate for single-tenant operations or multi-tenant retail and service buildouts. The main floor has 2 long-term tenants and vacant space for an additional tenant, with space of 1185 Sq ft. Second floor currently configured as 5 offices, and office 2/3 as training rooms or a boardroom and foyer area as a welcoming reception area. The basement area has an additional 7 offices or retail space, all varying in size; 2 units are also rented by long-term tenants. All floors have washroom facilitiesA large public metered parking lot is located near the building, with metered street parking stalls in front. The Downtown area has new programs in place to help create more activity and enhance public shopping; as well there is a lot of new development in the area that is creating more consumer traffic.With its flexible C-1 Commercial zoning, the site accommodates a broad spectrum of business applications, from retail to professional offices. An excellent opportunity to purchase a downtown asset with a convenient location at an affordable price! The building is also available for lease. Other units varying in size are for lease; see MLS #: A2346340, MLS #: A2346334, MLS #: A2346325, MLS #: A2346314 , MLS#: A2346294 . (id:53676)

PROPERTY FEATURES

  • MLS® Number A2346263
  • Price $879,900
  • Square Footage: 9750 sqft
  • Property Type: Commercial Mix
  • Community Name: Downtown Red Deer
  • Plan K3

Buildings

Constructed Date 1960 Size Exterior 9750 Sqft
Size Interior 9750 Sqft Total Finished Area 9750 Sqft
Type Commercial Mix

Land

Acreage No Size Total Text Unknown
Zoning Description C-1

BROKERAGE

  • Office: Realty Executives Alberta Elite

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