Property Details

Featured in:

Winners:

Featured in:

Winners:

Bays 4-5, 7419 50 Avenue
Red Deer (A2191126)

$1,650,000
9,216 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Looking to expand your portfolio, here is a solid investment property which is well maintained and in a great location. It is facing Gaetz Avenue - zoned C4 -semi-retail space with lots of available parking at the front, including 4 assigned stalls and two 10' X 14' drive-in doors at the rear with two man doors beside it. There is an available 455 sq ft mezzanine. LED lighting and HVAC throughout. The established tenant has 4 years left on the lease. It is currently showing a 4.6% yearly return.

Property details

Basic Info

MLS® #
A2191126
Property Type:
Commercial
Subtype:
Industrial
Subdivision:
Northlands Industrial Park
Price
$1,650,000
Sale/Lease:
For Sale
Size:
9,216 sq.ft.
Year Built:
1976 (49 years old)

Building Info

Structure Type:
Industrial
Garage:
No
Fence:
Basement:
No
Inclusions:
Drive through paint booth, circular hoist, front desk, and furniture

Lot / Land Info

Zoning:
C4

Listing Info

Possession:
30 Days / Neg
Days on Market:
24
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Grassroots Realty Group Ltd.
1-833-477-6687

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