$319,900
( $159.95Per Sq Foot )
 $1,717 est/mo Sourced by Back At You

102, 5229 50 Avenue,Red Deer, AB T4N4B4

Red Deer, AB T4N4B4

Share:

Description

Attractive 9.4% CAP RATE Return on this C1-zoned ,Class A PROFESSIONAL OFFICE SPACE W/ optional 15-PARKING STALL separate lot (individually titled) ! This 2,000 SQ FT +/- , First-Class, END-CAP UNIT Office space, located right on GAETZ AVE SOUTH! Main-level GAETZ AVE FRONTAGE, featuring 7 generous offices, front reception w/ built in desk, 2 baths, a big boardroom w/ kitchenette, a server/ storage room as well as 6 common parking spots out front. Low condo fee's of $367.88/month. (2024) Need more parking? OPTION TO BUY THE ADDITIONAL 25'x125' gravelled parking lot (4927-53 street) which has 15 stalls (can be rented @ $60.00/month/stall) Listed at $149,900.00. Sold together ($469,800.00)or separate. Superb location with HIGH VISIBILITY and a traffic count, well over 7,000 cars/day. Visit REALTORS® website for more detailed information. Tenant pays $3,286.68/month ($15.00/PSF ($2,500/month), plus $4.72/PSF NNN costs ($786.68) (id:13843)

Details

MLS #A2189668
Listing TypeFor Sale
StatusActive
Year2000
Days On Site171
Listing Provided ByCentury 21 Advantage | Wesley Giesbrecht

Features

SQ Feet2,000
ZoningC1

Taxes

Property2293

Request a showing

Request a showing

Loading Form
The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 CREA. All Rights Reserved.

Contact

Learn More About This Property

ProvinceAB
CityRed Deer
Postal CodeT4N4B4
Community NameDowntown Red Deer
Listing VS Median (in Downtown Red Deer)
Price:
$319,900
low | high
Med:
$0
SqFt:
2,000
low | high
Med:
2,000
50% of Average
$ / SqFt:
$160
low | high
Med:
$0
100% of Average
On site:
171
low | high
Med:
20.000000
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $239K - $399K
SqFt: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
203, 5116 52 Street Property Photo 1
$299,000
203, 5116 52 Street
Red Deer, AB T4N6Y4
5527 49A Avenue Property Photo 1
$388,700
5527 49a Avenue
Red Deer, AB T4N3X6
Listing Updated: June 24, 2025 at 4:10:34 AM PDT