Property Details

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4919 48 Street
Red Deer (A2285402)

$450,000
4,990 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

This property offers an excellent opportunity for owner-occupiers in the downtown core. It is conveniently located within walking distance to all central amenities and businesses, with three parking stalls situated at the rear of the building. The main floor is leased through 2027 and features multiple office spaces, including three private offices, a boardroom (which may serve as a fourth office), a reception area, work room, open workspace, and storage room. Additional amenities include a dedicated furnace, air conditioning, double doors for unloading, and a private washroom. The second floor contains its own separate entrance and provides two distinct office suites. Each suite features two offices, spacious reception and work areas, and two bathrooms; one suite also includes a kitchenette. The second floor may be leased in part or in its entirety. This arrangement is ideal for investors who wish to utilize the second floor while earning income from the main floor lease. Lease details for both floors are available upon request and can be found on MLS.

Property details

Basic Info

MLS® #
A2285402
Property Type:
Commercial
Subtype:
Mixed Use
Subdivision:
Downtown Red Deer
Price
$450,000
Sale/Lease:
For Sale
Size:
4,990 sq.ft.
Year Built:
1978 (48 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Garage:
No
Fence:
Basement:
No
Inclusions:
na

Lot / Land Info

Lot Size:
0.07 acres
Zoning:
C1

Listing Info

Possession:
Immediate,Subject To Tenancy
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Grassroots Realty Group Ltd.
1-833-477-6687

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