5913 50 Avenue Red Deer, Alberta T4N 4C4

$1,899,900

Prime Commercial Property in Red Deer. Lease Roll shows $224,902. 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. (id:58770)

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https://www.realtor.ca/real-estate/27110760/5913-50-avenue-red-deer-riverside-light-industrial-park