4948 54th Avenue, Red Deer
$599,000
MLS® # A2290907
CIR Realty
6789 52 Avenue , Red Deer
$575,000
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
Ideal investment for you to use and enjoy for yourself or, lease one bay or both bays out to maximize the return on this investment. A perfect opportunity to see great potential for a cash on cash return. Net operating income divided by the sale price and you'll be satisfied with future possibilities for a Cap Rate. Zoned I1 in an industrial {business service} district allows for a huge range of Permitted uses and even more options under Discretionary uses. Warehouse storage, sales relating to manufacturing, building signage, Industrial support services, processing, distribution, repair, servicing, and/or rental base for any article, and plenty of out door storage. Bay B currently vacant and has a 18' 10" x 12" front customer area ,Back office 19'x11'8", board room/lunch room 11"9"x 11'6" with Fridge, sink, counter top and 2 pc bath, shop bay itself is 52'x24' with 14' X14' shop door, 24'x18' mezzanine for extra storage or inventory, back compound is fenced. Bay A currently rented to long term tenant. Entrance is 10'X5', front reception and public wait area 12' wide and 23' long, front office is 13'8"x17'8", storage for supplies 8'9"x 8'7", working bay area 30"wide x 55" long, mezzanine 30' x 24' long, bathroom 2 pc is 6"5 x 5'11" . Back compound is open.r. New windows installed on front side of building. Easy location to find, off street parking available. Don't wait for one just like it, that won't happen. New opportunities can be made, new outcomes can be attained or just get more shop for yourself. Immediate possession is possible with subject to the one tenancy. Original owner since the creation of..
Essential Information
MLS® #A2315291
Price$575,000
Year Built1978
TypeCommercial
Sub-TypeIndustrial
StatusActive
Community Information
Address6789 52 Avenue
SubdivisionNONE
CityRed Deer
CountyRed Deer
ProvinceAlberta
Postal CodeT4N 4K8
Amenities
Parking Spaces6
Heating
Overhead Heater(s), Forced Air, Natural Gas
Exterior
RoofTar/Gravel
ConstructionConcrete
FoundationSlab
Additional Information
ZoningLI
Office
Maxwell Real Estate Solutions Ltd.
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