Address
170, 5002 55 Street Red Deer, AB
Price
$ 1,190,000
Property Attributes
  • ML#A1051357
  • TypeCondos
  • CityRed Deer
  • NeighbourhoodDowntown Red Deer
  • Postal CodeT4N 7A4
  • Style
  • Price$ 1,190,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3250
Listing Provided Courtesy Of:
Century 21 Advantage
Property Description

Situated on GAETZ AVE South, The Elements at Rivers Edge! Unit #170, this professional condo-office space, superb visibility and fully tenanted. Strong tenant with a solid triple net lease in place, this elegantly finished office spaces boasts 3,250 sq ft ($369.00/PSF) currently set up as 10 individual office spaces, along with 2 baths. Featuring 8 titled parking spots, two of which are underground/ heated. Secured access doors, strong neighbouring professionals such as insurance, dental, healthcare, legal and more. Thinking of owning and operating?? Work and live in the same building! A part of Red Deer's most exclusive condominium living development available with residential condos ranging from $500k to $2Mill with spectacular views and amenities. As an investment, this is an excellent income generator property for those looking for commercial income property, bringing in just over $94,000/ year in gross income (base + NNN included) Condo fees are $1,304.32/month Visit realtors website today to find out more on this exclusive, fully developed professional office condo today! (id:7434)

General Features

Building Type Offices
CommunityName Downtown Red Deer
Foundation Type Poured Concrete
Maintenance Fee 1304.32
More Information Link https://www.realtor.ca/real-estate/22637180/170-5002-55-street-red-deer-downtown-red-deer
Property Type Office
Zoning Description DC3

Interior Features

Basement Type Unknown
Building Fireplace Present False

Exterior Features

Parking Space Total 8

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. Data last updated on January 15, 2021 4:10 PM UTC The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Data last updated on January 15, 2021 4:10 PM UTC The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA®) and identify the quality of services provided by real estate professionals who are members of CREA®

This REALTOR.calisting content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Property vs Postal Code Average in T4N 7A4

Price
AVG $780K
$1.19M
Visits
AVG 8
8
Year Built
AVG 2017
2012

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