102, 5229 50 Avenue, Red Deer

$319,900

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

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)

Essential Information
MLS® #A2189668
Price$319,900
Bathrooms0.00
Acres0.00
Year Built2000
TypeCommercial
Sub-TypeOffice
StatusActive
Community Information
Address102, 5229 50 Avenue
SubdivisionDowntown Red Deer
CityRed Deer
CountyRed Deer
ProvinceAlberta
Postal CodeT4N 4B4
Interior
HeatingForced Air, Natural Gas
CoolingCentral Air
Exterior
RoofTar/Gravel
ConstructionBrick, Wood Frame
FoundationPoured Concrete
Additional Information
ZoningC1
Listing Details
OfficeCentury 21 Advantage
LISTING MAP

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