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102, 5229 50 Avenue
Red Deer Alberta T4N4B4 Canada

$319,900

Active Listing ID A2189668
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2,000 square feet
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Office

$319,900

Active Listing ID A2189668
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102, 5229 50 Avenue 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:203)

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Property Features

  • Facts
  • Property Sub-type: Office
  • Features
  • Cooling System: Central air conditioning
  • Exterior Finish: Brick
  • Heating Systems: Forced air, Natural gas
  • Additional Features
  • Basement
Listing Changed: 1/24/2025 1:15:53 PM GMT
Source Updated Date: 2/20/2025 11:19:18 PM GMT

Courtesy of: Wesley Giesbrecht, Associate, Century 21 Advantage