Red Deer, AB T4N3L7 5501 45 Avenue
$589,000
5 more
Presented By: Ace Realty
Home Details
Excellent Investment opportunity, Close to Downtown with exposure to main streets. Convenience Store and Eatery. $4,000 per month rent. Additional Space - Two Bedrooms with Kitchen, nine (9) car parking stalls, Future development includes an upcoming hype rail line station. It is surrounded by a vibrant community with high-density homes and schools—recent renovations and upgrades of $50,000. For more information, please call your agent. Please do not approach the tenant for any questions or queries. The total area on the main and lower floors is approximately 2,800 sq. ft. The five-year lease started on April 1st, 2023, and will end on March 31, 2028, with a five (5) year option to lease.
Presented By: Ace Realty
Interior Features for 5501 45 Avenue
Other Interior Features
Building Area Total SF1946.00
Building Area Total Metres180.79
EnsuiteNo
Main Level AreasSquareFeet
General for 5501 45 Avenue
Accessto PropertyDirect Access
Business YNNo
Construction MaterialsStucco
ElectricCertified Volts/Amps, 400 Amp Service
HeatingNatural Gas
Parking Total9
Property SubTypeRetail
Property TypeCommercial
Public RemarksExcellent Investment opportunity, Close to Downtown with exposure to main streets. Convenience Store and Eatery. $4, 000 per month rent. Additional Space - Two Bedrooms with Kitchen, nine (9) car park
Structure TypeLow Rise (2-4 stories)
Subdivision NameNONE
Transaction TypeFor Sale
ZoningC3- Commercial
Exterior for 5501 45 Avenue
Building Area Total1946.00
Garage Y/NNo
InclusionsNone
Lot Size Dimensions6300 sq. ft
Additional Details
Ashley Hamilton-Sinclair
Sales Representative