tel: 403-352-5019

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»Sylvan Lake, Red Deer, Blackfalds, Lacombe & Area

 
Data Last Updated April 28, 2024, 9:25 am
 
Courtesy of Century 21 Advantage
Downtown Red Deer
No Floor Plan Available
$1,100,000
MLS® #:  A2096220
Address:  4930 53 Avenue
Days On Market:  ACCESS Days on Market
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Descriptions:

BUILDING ONLY FOR SALE ONLY. Featuring just over 5,600 sq ft, this multi-purpose, stand alone building on it's own lot is ideally located right West of the downtown Superstore. Strong three-year NNN lease renewal just resigned with same strong tenant for the past 10+years. building produces around an 8% cap rate on a solid 3 year average, based on asking price. Cinder block building on slab. Future opportunity exists to split building into two if desired (previous rear 4000 sq ft section was a mechanic shop and the front 1,600 was a retail space) regular maintenance & improvements to roof, HVAC, Windows, LED Lighting and exterior facade, have all been completed in the last several years. Good investment, strong return, great location. Please do not approach business/ workers regarding the building sale.

Status: Pending
Includes: N/A
Location & Listing Info:
Zoning: DC(28)
Neighbourhood: Downtown Red Deer
Nearest Town: Red Deer
Lot Size: 13,068.00 sq.ft.
Property Info:
Property Type: Retail
Year Built: 1964
Brokerage: Century 21 Advantage
Exterior:
Exterior: Brick
Roof: Membrane
Financial & Possession:
Rooms:
Additional Info:
Basement: Slab
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Property History
For viewing call 403-352-5019
Contact Stephan Trudel -
4505 50 Ave unit 103, Sylvan Lake, Alberta, T4S 1W2
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association.

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