102, 5229 50 Avenue Active

Red Deer,AB T4N4B4

$ 319900

- Bed

- Bath

2000 SqFt


Key Details

Property Type Condo

Sub Type Condominium/Strata

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $159

Subdivision Downtown Red Deer

MLS Listing ID A2189668

Originating Board Central Alberta REALTORS® Association

Year Built 2000

Property Sub-Type Condominium/Strata

Property 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:24570)

Location

Province AB

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Private Pool No

Others

Ownership Condominium/Strata

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