5501 45 Avenue, Red Deer, Alberta

$589,000

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About 5501 45 Avenue

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.

Features of 5501 45 Avenue

MLS® # A2145751
Price $589,000
Bathrooms 0.00
Acres 0.00
Year Built 1948
Type Commercial
Sub-Type Retail
Status Active

Community Information

Address 5501 45 Avenue
Subdivision NONE
City Red Deer
County Red Deer
Province Alberta
Postal Code T4N 3L7

Amenities

Parking Spaces 9
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement No

Exterior

Construction Stucco

Additional Information

Date Listed June 28th, 2024
Days on Market 24
Zoning C3- Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeAce Realty

Listing Map

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