5121 50 Avenue, Red Deer

$995,000

0 Beds
0 Baths
6,486 Sqft
0 Acres
0 Garages

INVESTOR OPPORTUNITY. Leased Parking lot and 2 storey building downtown Red Deer on "Little Gaetz". This building is now housing one retail business on main floor but has in the past housed up to 5 including retail, cafe, professional offices, a Jazz Bar and the Legion. Recent upgrades include furnace and Hot water tank. 2nd Floor can have separate entrance. Current parking lot (40x130) is leased to 12 individuals and could be expanded to 24. Current parking priced at $70 per month. Main floor is fully leased for $12 /SF/Year until 2023. Second floor is available for your own business or lease it out. To get a feel for the layout click onto the Walk through using the Virtual TOUR feature

Essential Information
MLS® #CA0153344
Price$995,000
Bathrooms0.00
Square Footage6,486
Acres0.00
Year Built1947
TypeCommercial
Sub-TypeBuilding
StatusActive
Community Information
Address5121 50 Avenue
CityRed Deer
CountyRed Deer County
ProvinceAB
Postal CodeT4N 4B3
Heating

Furnace - Forced Air - 1, Boiler

Exterior
RoofTar & Gravel
ConstructionBrick Veneer
FoundationConcrete
Additional Information
ZoningC1
Office

Royal Lepage Network Realty Corp.

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