Property Details

Investment Opportunity – 4601 – 50 Avenue, Red Deer, AB

  • coffee shop
  • front 1
  • photography studio
  • spa 1

Investment Opportunity – 4601 – 50 Avenue, Red Deer, AB

Sale $450,000.00 - Investment
5,766 Sq.Ft. (+/-)  Print this page

INVESTMENT OPPORTUNITY – LKC BUILDING

4601 – 50 Avenue, Red Deer, AB

FOR SALE

PROPERTY HIGHLIGHTS

  • Excellent Value Add Investment Opportunity
  • Three main floor retail units
  • Two bedroom second floor apartments
  • Open basement with exception of boiler room
  • Upgraded electrical, plumbing, heating, air conditioning and newer roofs
  • Gross Leases
  • Historical Commercial Building in Downtown Red Deer
  • 4 parking spaces on south side of building

 

PROPERTY DESCRIPTION

ADDRESS: 4601 – 50 Avenue, Red Deer, AB

SIZE: Total – 5,766 Sq.Ft. (+/-)

Main Floor – 4,357 Sq.Ft. (+/-)

Second Floor – 1,409 Sq.Ft. (+/-)

SITE SIZE: Total – 5,766 Sq.Ft. (+/-)

ZONING: C-1 Commercial (City Centre)

POSSESSION: Immediate/Negotiable

PURCHASE PRICE: $450,000 ($75/Sq.Ft.)

PROPERTY TAXES: $9,521.62 (est 2021)

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Richard Lizotte

As a Broker and President, Richard consistently performs at a high level during his ten years in commercial real estate. Before Lizotte and Associates Real Estate Inc, Richard was self-employed for fifteen years as a…

  • Office : 780.784.5360
  • Mobile : 780.292.1871
  • Fax : 780.483.2277

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Lee Berger

Lee has established himself as a hard worker who continuously strives to improve professionally and personally. Being a former business owner, Lee quickly identifies a client’s needs and accounts for future growth, taking pride in…

  • Office : 780.784.5363
  • Mobile : 587.983.6654

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Rohin Geis

  • Office : 780-784-9587
  • Mobile : 587-597-1553

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