Excellent investment opportunity located in the heart of downtown Red Deer. This well maintained 9,452 SF building is available for sale. The building includes 6 main floor commercial units - 5 that are leased to long term tenants and 1 that is currently vacant and available for lease. All of these units have large windows along the front that bring in plenty of natural light. There is a shared hallway accessible from the back of the units that includes a shared washroom for the main floor tenants, and access to the second floor. The second floor has 2 additional units that have the potential to be converted to residential for additional income generation in the future. Parking on site is limited to availability for clients and customers of the tenants only, with ample public parking options in the nearby area. This property offers excellent visibility from Gaetz Avenue Southbound where thousands of cars pass by daily. (id:47421)
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Detailed Information
Listing Contract Date
2025-12-16
Municipal ID
0015586184
Plan
H
Property Type
Retail
Transaction Type
For sale
Zoning Description
C-1
Building
Constructed Date
1951
Size (Exterior)
9452 square feet
Total Finished Area
9452 sqft
Type
Retail
Land
Total Size
0.38 acres
Size of Irregular Land
0.38
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