52.2749176025391 -113.815544128418

103, 5002 55 Street Red Deer, AB T4N 7A4

281794795 52.2749176025391 -113.815544128418 806 /listing/281794795-150112832/103-5002-55-street-red-deer-ab-t4n-7a4 False 0 675000.0000 1616 101 A1038263 False
  • $675,000
  • 103, 5002 55 Street Red Deer, AB T4N 7A4
  • 1,616 sqft

Property & Neighborhood Info

Courtesy Of RE/MAX Commercial Properties

Commercial in Red Deer

Excellent Investment Opportunity! 7.01% cap rate, 4+ years remaining on current term, with two further 5 year renewal options to an excellent tenant in a premium commercial condo development. The unit is 1,316 SF , with common area of 303 SF for a total of 1,619 SF (BOMA Certified Measurements). Sale includes one underground parking stall. Annual NOI is $47,313.60. Elements is within walking distance to all downtown amenities. Elements offers river views, signage opportunites, available storage with a high end residential tower adjacent to the site. There is quick access to Gaetz Avenue.

Courtesy Of RE/MAX Commercial Properties
  1. 1,616 Sq. Ft.

Main Features

  • Listing Status: Off Market
  • Year Built: 2012
  • County: Red Deer
  • Subdivision: Downtown Red Deer
  • MLS® Number:A1038263

Additional Features

  • BathroomsTotalInteger:
    • 0
  • CountyOrParish:
    • Red Deer
  • Documents Available:
    • None
  • Garageyn:
    • N
  • Possession:
    • Negotiable
  • Property Subtype:
    • Mixed Use
  • Property Type:
    • Commercial
  • Restrictions:
    • None Known
  • StructureType:
    • Low Rise (2-4 stories)
  • SubdivisionName:
    • Downtown Red Deer
  • Zoning:
    • DC3
  • Building Area Total:
    • 1616.00
  • Listing Contract Date:
    • 2020-09-30
  • Listing Key:
    • 60427673
  • Lot Size Acres:
    • 0.00
Neighborhood info courtesy of Homes.com © 2020