LOADING

102, 5229 50 Avenue Red Deer, Alberta T4N 4B4

2000 Sqft
Central Air Conditioning Forced Air

$319,900

Attractive 9.4% CAP RATE Return on this C1-zoned ,Class A PROFESSIONAL OFFICE SPACE W/ optional 15-PARKING STALL separate lot (individually titled) ! This 2,000 SQ FT +/- , First-Class, END-CAP UNIT Office space, located right on GAETZ AVE SOUTH! Main-level GAETZ AVE FRONTAGE, featuring 7 generous offices, front reception w/ built in desk, 2 baths, a big boardroom w/ kitchenette, a server/ storage room as well as 6 common parking spots out front. Low condo fee's of $367.88/month. (2024) Need more parking? OPTION TO BUY THE ADDITIONAL 25'x125' gravelled parking lot (4927-53 street) which has 15 stalls (can be rented @ $60.00/month/stall) Listed at $149,900.00. Sold together ($469,800.00)or separate. Superb location with HIGH VISIBILITY and a traffic count, well over 7,000 cars/day. Visit REALTORS® website for more detailed information. Tenant pays $3,286.68/month ($15.00/PSF ($2,500/month), plus $4.72/PSF NNN costs ($786.68) (id:57594)

Property Details

MLS® Number A2189668
Property Type Office
Community Name Downtown Red Deer
Plan 0425024

Building

Constructed Date 2000
Construction Material Wood Frame
Cooling Type Central Air Conditioning
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 2000 Sqft
Size Interior 2000 Sqft
Total Finished Area 2000 Sqft
Type Offices

Land

Acreage No
Size Total Text Unknown
Zoning Description C1