Looking to expand your portfolio, here is a solid investment property which is well maintained and in a great location. It is facing Gaetz Avenue - zoned C4 -semi-retail space with lots of available parking at the front, including 4 assigned stalls and two 10' X 14' drive-in doors at the rear with two man doors beside it. There is an available 455 sq ft mezzanine. LED lighting and HVAC throughout. The established tenant has 4 years left on the lease. It is currently showing a 4.6% yearly return.
Address
Bays 4-5, 7419 50 Avenue
List Price
$1,650,000
Property Type
Commercial
Type of Dwelling
Industrial
Area
Red Deer
Sub-Area
Northlands Industrial Park
Year Built
1976
MLS® Number
A2191126
Listing Brokerage
CIR Realty
Postal Code
T4P 1M5
Zoning
C4