• 5121 50 Avenue
  • 5121 50 Avenue
  • 5121 50 Avenue
  • 5121 50 Avenue
  • 5121 50 Avenue
  • 5121 50 Avenue
  • 5121 50 Avenue
  • 5121 50 Avenue
  • 5121 50 Avenue
  • 5121 50 Avenue
  • 5121 50 Avenue
  • 5121 50 Avenue
  • 5121 50 Avenue
  • 5121 50 Avenue
5121 50 Avenue, Red Deer, Alberta, T4N4B3
Property TypeBusiness Built in1947
Building Area6486 square feet

INVESTOR OPPORTUNITY. Leased Parking lot and 2 storey building downtown Red Deer on "Little Gaetz". This building is now housing one retail business on main floor but has in the past housed up to 5 including retail, cafe, professional offices, a Jazz Bar and the Legion. Recent upgrades include furnace and Hot water tank. 2nd Floor can have separate entrance. Current parking lot (40x130) is leased to 12 individuals and could be expanded to 24. Current parking priced at $70 per month. Main floor is fully leased for $12 /SF/Year until 2023. Second floor is available for your own business or lease it out. To get a feel for the layout click onto the Walk through using the Virtual TOUR feature (id:30519)


Please visit : Multimedia link for more photos and information

Business
Business TypeFood Services and Beverage, Other, Personal Services, Retail and Wholesale, Retail and Wholesale, Retail and Wholesale, Retail and Wholesale, Arts and Entertainment Business Sub TypeCoffee shop, Professional office(s), Barber/beauty shop, Electronics store, Drugs/cosmetics, Dry goods/fashion, Arts & Crafts, Entertainment
Details
FarmOther Lease Per Unitsquare feet
OwnershipFreehold PlanH
TransactionFor sale Zoning DescriptionC1
Building
Constructed Date1947 FoundationConcrete
HeatingBoiler, Forced air Roof MaterialTar and Gravel
RoofUnknown Size Interior6486 sqft
Utility WaterMunicipal water
Land
SewerMunicipal sewage system

Listing Office: Royal Lepage Network Realty Corp.

Data Provided by Central Alberta REALTORS® Association

Last Modified :15/02/2019 09:17:33 AM

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

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