4919 48 Street , Red Deer

$329,900

0 Beds
0 Baths
0 Sqft
.07 Acres
0 Garages

Priced Substantially below assessed value. At this price business just makes sense.
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 to July 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 (MLS # A2285825) 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.

Essential Information
MLS® #A2319889
Price$329,900
Acres0.07
Year Built1978
TypeCommercial
Sub-TypeMixed Use
StatusActive
Community Information
Address4919 48 Street
SubdivisionDowntown Red Deer
CityRed Deer
CountyRed Deer
ProvinceAlberta
Postal CodeT4N 1S8
Additional Information
ZoningC1
Listing Details
OfficeRoyal LePage Lifestyles Realty
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