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4768 Riverside Dr 4,200 - 8,955 SF Condo Units Offered at $411,046 - $947,193 Per Unit in Red Deer, AB T4N 2N7
3 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User |
| Sale Type | Owner User |
Description
Located in Riverside Light Industrial Park, this 4,200 SF end unit is available for sale. The unit features a reception area and waiting room, a large showroom, multiple office/storage areas, a washroom, and a large shop with an overhead door. The yard is paved and gravel, fully fenced with one entrance, and shared with neighbouring businesses of the building. Paved parking is available directly in front of the unit. This central location offers excellent access to Gaetz Avenue North and South.
| Sale Type | Owner User |
| Sale Type | Owner User |
Description
Excellent owner/user investment opportunity! Located in Riverside Light Industrial Park, this 8,955 SF multi-unit industrial/commercial mix building, on 0.51 acres, is available for sale. A purchaser can occupy a portion of the building while benefitting from existing rental income from established tenants. There are three units in the building. Unit 1 is 4,200 SF and is currently the home of a printing business who will vacate upon completion of a sale. Unit 2 is 2,400 SF and is currently leased to Kensei Gym. Unit 3 is 2,355 SF and is currently leased to Nyman's Artmarks. There is a fully fenced, shared yard behind the building and ample paved parking available directly in front. The property is centrally located with quick access to Gaetz Avenue and 67th Street.
| Sale Type | Investment |
| Sale Type | Investment |
Description
Excellent investment opportunity! Located in Riverside Light Industrial Park, two condo units totaling 4,755 SF are available for sale. Unit 2 is 2,400 SF and is currently leased to Kensei Gym. Unit 3 is 2,355 SF and is currently leased to Nyman's Artmarks. The building sits on 0.51 acres and there is a fully fenced, shared yard behind the building with ample paved parking available directly in front. The property is centrally located with quick access to Gaetz Avenue and 67th Street. These units can be purchased together, or the entire building can be purchased as a whole offering investment or owner/user options.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 4,200 SF | Flex | $411,046 USD ($97.87 USD/SF) | - |
| Unit 1-3 | 8,955 SF | Industrial | $947,193 USD ($105.77 USD/SF) | - |
| Unit 2 & 3 | 4,755 SF | Industrial | $536,147 USD ($112.75 USD/SF) | - |
Unit 1
| Unit Size |
| 4,200 SF |
| Condo Use |
| Flex |
| Price |
| $411,046 USD ($97.87 USD/SF) |
| NOI |
| - |
Unit 1-3
| Unit Size |
| 8,955 SF |
| Condo Use |
| Industrial |
| Price |
| $947,193 USD ($105.77 USD/SF) |
| NOI |
| - |
Unit 2 & 3
| Unit Size |
| 4,755 SF |
| Condo Use |
| Industrial |
| Price |
| $536,147 USD ($112.75 USD/SF) |
| NOI |
| - |
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Matterport 3D Exterior
Matterport 3D Tour
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Street
Map
Unit 1
| Unit Size | 4,200 SF |
| Condo Use | Flex |
| Price | $411,046 USD ($97.87 USD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Description | |
| Located in Riverside Light Industrial Park, this 4,200 SF end unit is available for sale. The unit features a reception area and waiting room, a large showroom, multiple office/storage areas, a washroom, and a large shop with an overhead door. The yard is paved and gravel, fully fenced with one entrance, and shared with neighbouring businesses of the building. Paved parking is available directly in front of the unit. This central location offers excellent access to Gaetz Avenue North and South.</li></ul> |
1 of 21
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 1-3
| Unit Size | 8,955 SF |
| Condo Use | Industrial |
| Price | $947,193 USD ($105.77 USD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Description | |
| Excellent owner/user investment opportunity! Located in Riverside Light Industrial Park, this 8,955 SF multi-unit industrial/commercial mix building, on 0.51 acres, is available for sale. A purchaser can occupy a portion of the building while benefitting from existing rental income from established tenants. There are three units in the building. Unit 1 is 4,200 SF and is currently the home of a printing business who will vacate upon completion of a sale. Unit 2 is 2,400 SF and is currently leased to Kensei Gym. Unit 3 is 2,355 SF and is currently leased to Nyman's Artmarks. There is a fully fenced, shared yard behind the building and ample paved parking available directly in front. The property is centrally located with quick access to Gaetz Avenue and 67th Street.</li></ul> |
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 2 & 3
| Unit Size | 4,755 SF |
| Condo Use | Industrial |
| Price | $536,147 USD ($112.75 USD/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Excellent investment opportunity! Located in Riverside Light Industrial Park, two condo units totaling 4,755 SF are available for sale. Unit 2 is 2,400 SF and is currently leased to Kensei Gym. Unit 3 is 2,355 SF and is currently leased to Nyman's Artmarks. The building sits on 0.51 acres and there is a fully fenced, shared yard behind the building with ample paved parking available directly in front. The property is centrally located with quick access to Gaetz Avenue and 67th Street. These units can be purchased together, or the entire building can be purchased as a whole offering investment or owner/user options.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 15,000 SF | Floors | 2 |
| Property Type | Industrial | Typical Floor Size | 7,500 SF |
| Property Subtype | Warehouse | Year Built | 2002 |
| Building Class | C | Lot Size | 0.34 AC |
| Zoning | IC | ||
| Total Building Size | 15,000 SF |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 7,500 SF |
| Year Built | 2002 |
| Lot Size | 0.34 AC |
| Zoning | IC |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Exceptionally bikeable
90/100
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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4768 Riverside Dr
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