5913 50 Avenue, Red Deer, Alberta

$1,999,900

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0.20

Acres

About 5913 50 Avenue

Prime Commercial Property in Red Deer Presenting an exceptional commercial property located in the heart of Red Deer, strategically positioned between the city’s two busiest streets, 50th Avenue and Gaetz Avenue. This nearly 10,000 sq. ft. property offers unparalleled visibility and accessibility, making it an ideal investment opportunity. Property Highlights: • Prime Location: Situated at the center of Red Deer, this property benefits from high traffic flow and excellent exposure. • Spacious Parking: Includes a large parking lot with its own title, ensuring ample parking space for tenants and visitors. • Versatile Space: Spanning three levels, the property hosts a variety of businesses. It features mostly office spaces, accommodating a long-standing real estate company of 20 years, accounting firm, and many other enterprises. • Modern Upgrades: Significant interior upgrades have been completed in some units, enhancing the appeal and functionality of the space. • Additional Revenue: Equipped with large billboards, this property provides an additional income stream through advertising. Don’t miss this opportunity to invest in a premium commercial property with excellent potential for long-term growth and income.

Features of 5913 50 Avenue

MLS® # A2145949
Price $1,999,900
Bathrooms 0.00
Acres 0.20
Year Built 1956
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 5913 50 Avenue
Subdivision Riverside Light Industrial Park
City Red Deer
County Red Deer
Province Alberta
Postal Code T4N 4C4

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed July 2nd, 2024
Days on Market 10
Zoning C1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMaxwell Real Estate Solutions Ltd.

Listing Map