• 170, 5002 55 Street
  • 170, 5002 55 Street
  • 170, 5002 55 Street
  • 170, 5002 55 Street
  • 170, 5002 55 Street
  • 170, 5002 55 Street
  • 170, 5002 55 Street
  • 170, 5002 55 Street
  • 170, 5002 55 Street
  • 170, 5002 55 Street
  • 170, 5002 55 Street
  • 170, 5002 55 Street
  • 170, 5002 55 Street
  • 170, 5002 55 Street
  • 170, 5002 55 Street
  • 170, 5002 55 Street
  • 170, 5002 55 Street
  • 170, 5002 55 Street
  • 170, 5002 55 Street
  • 170, 5002 55 Street
170, 5002 55 Street, Red Deer, Alberta, T4N7A4
Property TypeOffice Built in2012

Situated on GAETZ AVE South, The Elements at Rivers Edge! Unit #170, this professional condo-office space, superb visibility and fully tenanted. Strong tenant with a solid triple net lease in place, this elegantly finished office spaces boasts 3,250 sq ft ($369.00/PSF) currently set up as 10 individual office spaces, along with 2 baths. Featuring 8 titled parking spots, two of which are underground/ heated. Secured access doors, strong neighbouring professionals such as insurance, dental, healthcare, legal and more. Thinking of owning and operating?? Work and live in the same building! A part of Red Deer's most exclusive condominium living development available with residential condos ranging from $500k to $2Mill with spectacular views and amenities. As an investment, this is an excellent income generator property for those looking for commercial income property, bringing in just over $94,000/ year in gross income (base + NNN included) Condo fees are $1,304.32/month Visit realtors website today to find out more on this exclusive, fully developed professional office condo today! (id:30519)


Details
Lease Per TimeYearly LeaseGross
Maintenance Fee1304.32 Maintenance Fee Payment UnitMonthly
OwnershipCondominium/Strata Parking Spaces8
Plan1222073 TransactionFor sale
Total Buildings1 Zoning DescriptionDC3
Building
BasementUnknown Constructed Date2012
FoundationPoured Concrete Bathrooms (Total)0
Total Finished Area3250 sqft TypeOffices
Land
AcreageYes

Listing Office: Century 21 Advantage

Data Provided by Central Alberta REALTORS® Association

Last Modified :01/01/2021 08:06:52 AM

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Jason Walz & Shelaine Oliver
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Shelaine Oliver: 403-348-1471
Jason Walz: 403-505-0039

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