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5002 55th St - Elements at Rivers Edge 1,499 - 9,465 SF Office Condo Units Offered at $242,057 - $1,741,465 Per Unit in Red Deer, AB T4N 4B5



Investment Highlights
- Class A office building with modern design and high-quality finishes.
- Positioned in a well-connected area with proximity to local amenities.
- Located along the Red Deer River with immediate access to Gaetz Avenue.
Executive Summary
The property at 5002 55th St is a two-story Class A office building in Red Deer, Alberta. It encompasses approximately 78,225 square feet and includes a mix of surface and covered parking spaces. The building is situated near the Red Deer River and offers convenient access to Gaetz Avenue, a major arterial route in the city.
7 Units Available
Unit 102
| Unit Size | 1,499 SF | Condo Use | Office |
| Price | $242,057 USD | Sale Type | Owner User |
| Price Per SF | $161.48 USD |
| Unit Size | 1,499 SF |
| Price | $242,057 USD |
| Price Per SF | $161.48 USD |
| Condo Use | Office |
| Sale Type | Owner User |
Sale Notes
Elements at Rivers Edge is a Class A office building located along the Red Deer River, offering a modern and professional environment for businesses seeking premium office space. The property features multiple suites ranging from 1,196 SF to 9,465 SF, accommodating a variety of office and retail uses. Each space is in shell condition, ready for custom build-out to meet tenant requirements.
The building provides excellent accessibility with immediate access to Gaetz Avenue, ensuring convenient connectivity to surrounding amenities and major transportation routes. Tenants benefit from a contemporary design, air conditioning, and available storage space. The property includes both surface and covered parking options, enhancing convenience for employees and visitors.
With its prime location, flexible suite sizes, and high-quality construction, Elements at Rivers Edge is an ideal choice for businesses looking to establish or expand their presence in Red Deer’s growing commercial market.
Unit 110
| Unit Size | 5,464 SF | Condo Use | Office |
| Price | $1,306,917 USD | Sale Type | Owner User |
| Price Per SF | $239.19 USD |
| Unit Size | 5,464 SF |
| Price | $1,306,917 USD |
| Price Per SF | $239.19 USD |
| Condo Use | Office |
| Sale Type | Owner User |
Sale Notes
Elements at Rivers Edge is a Class A office building located along the Red Deer River, offering a modern and professional environment for businesses seeking premium office space. The property features multiple suites ranging from 1,196 SF to 9,465 SF, accommodating a variety of office and retail uses. Each space is in shell condition, ready for custom build-out to meet tenant requirements.
The building provides excellent accessibility with immediate access to Gaetz Avenue, ensuring convenient connectivity to surrounding amenities and major transportation routes. Tenants benefit from a contemporary design, air conditioning, and available storage space. The property includes both surface and covered parking options, enhancing convenience for employees and visitors.
With its prime location, flexible suite sizes, and high-quality construction, Elements at Rivers Edge is an ideal choice for businesses looking to establish or expand their presence in Red Deer’s growing commercial market.
Unit 130
| Unit Size | 3,101 SF | Condo Use | Office |
| Price | $627,608 USD | Sale Type | Owner User |
| Price Per SF | $202.39 USD |
| Unit Size | 3,101 SF |
| Price | $627,608 USD |
| Price Per SF | $202.39 USD |
| Condo Use | Office |
| Sale Type | Owner User |
Sale Notes
Elements at Rivers Edge is a Class A office building located along the Red Deer River, offering a modern and professional environment for businesses seeking premium office space. The property features multiple suites ranging from 1,196 SF to 9,465 SF, accommodating a variety of office and retail uses. Each space is in shell condition, ready for custom build-out to meet tenant requirements.
The building provides excellent accessibility with immediate access to Gaetz Avenue, ensuring convenient connectivity to surrounding amenities and major transportation routes. Tenants benefit from a contemporary design, air conditioning, and available storage space. The property includes both surface and covered parking options, enhancing convenience for employees and visitors.
With its prime location, flexible suite sizes, and high-quality construction, Elements at Rivers Edge is an ideal choice for businesses looking to establish or expand their presence in Red Deer’s growing commercial market.
Unit 210
| Unit Size | 9,465 SF | Condo Use | Office |
| Price | $1,741,465 USD | Sale Type | Owner User |
| Price Per SF | $183.99 USD |
| Unit Size | 9,465 SF |
| Price | $1,741,465 USD |
| Price Per SF | $183.99 USD |
| Condo Use | Office |
| Sale Type | Owner User |
Sale Notes
Elements at Rivers Edge is a Class A office building located along the Red Deer River, offering a modern and professional environment for businesses seeking premium office space. The property features multiple suites ranging from 1,196 SF to 9,465 SF, accommodating a variety of office and retail uses. Each space is in shell condition, ready for custom build-out to meet tenant requirements.
The building provides excellent accessibility with immediate access to Gaetz Avenue, ensuring convenient connectivity to surrounding amenities and major transportation routes. Tenants benefit from a contemporary design, air conditioning, and available storage space. The property includes both surface and covered parking options, enhancing convenience for employees and visitors.
With its prime location, flexible suite sizes, and high-quality construction, Elements at Rivers Edge is an ideal choice for businesses looking to establish or expand their presence in Red Deer’s growing commercial market.
Unit 230
| Unit Size | 2,821 SF | Condo Use | Office |
| Price | $520,140 USD | Sale Type | Owner User |
| Price Per SF | $184.38 USD |
| Unit Size | 2,821 SF |
| Price | $520,140 USD |
| Price Per SF | $184.38 USD |
| Condo Use | Office |
| Sale Type | Owner User |
Sale Notes
Elements at Rivers Edge is a Class A office building located along the Red Deer River, offering a modern and professional environment for businesses seeking premium office space. The property features multiple suites ranging from 1,196 SF to 9,465 SF, accommodating a variety of office and retail uses. Each space is in shell condition, ready for custom build-out to meet tenant requirements.
The building provides excellent accessibility with immediate access to Gaetz Avenue, ensuring convenient connectivity to surrounding amenities and major transportation routes. Tenants benefit from a contemporary design, air conditioning, and available storage space. The property includes both surface and covered parking options, enhancing convenience for employees and visitors.
With its prime location, flexible suite sizes, and high-quality construction, Elements at Rivers Edge is an ideal choice for businesses looking to establish or expand their presence in Red Deer’s growing commercial market.
Unit 240
| Unit Size | 3,038 SF | Condo Use | Office |
| Price | $558,961 USD | Sale Type | Owner User |
| Price Per SF | $183.99 USD |
| Unit Size | 3,038 SF |
| Price | $558,961 USD |
| Price Per SF | $183.99 USD |
| Condo Use | Office |
| Sale Type | Owner User |
Sale Notes
Elements at Rivers Edge is a Class A office building located along the Red Deer River, offering a modern and professional environment for businesses seeking premium office space. The property features multiple suites ranging from 1,196 SF to 9,465 SF, accommodating a variety of office and retail uses. Each space is in shell condition, ready for custom build-out to meet tenant requirements.
The building provides excellent accessibility with immediate access to Gaetz Avenue, ensuring convenient connectivity to surrounding amenities and major transportation routes. Tenants benefit from a contemporary design, air conditioning, and available storage space. The property includes both surface and covered parking options, enhancing convenience for employees and visitors.
With its prime location, flexible suite sizes, and high-quality construction, Elements at Rivers Edge is an ideal choice for businesses looking to establish or expand their presence in Red Deer’s growing commercial market.
Unit 260
| Unit Size | 1,857 SF | Condo Use | Office |
| Price | $341,669 USD | Sale Type | Owner User |
| Price Per SF | $183.99 USD |
| Unit Size | 1,857 SF |
| Price | $341,669 USD |
| Price Per SF | $183.99 USD |
| Condo Use | Office |
| Sale Type | Owner User |
Sale Notes
Elements at Rivers Edge is a Class A office building located along the Red Deer River, offering a modern and professional environment for businesses seeking premium office space. The property features multiple suites ranging from 1,196 SF to 9,465 SF, accommodating a variety of office and retail uses. Each space is in shell condition, ready for custom build-out to meet tenant requirements.
The building provides excellent accessibility with immediate access to Gaetz Avenue, ensuring convenient connectivity to surrounding amenities and major transportation routes. Tenants benefit from a contemporary design, air conditioning, and available storage space. The property includes both surface and covered parking options, enhancing convenience for employees and visitors.
With its prime location, flexible suite sizes, and high-quality construction, Elements at Rivers Edge is an ideal choice for businesses looking to establish or expand their presence in Red Deer’s growing commercial market.
Property Facts
| Total Building Size | 78,225 SF | Typical Floor Size | 3,877 SF |
| Property Type | Office | Year Built | 2014 |
| Building Class | A | Lot Size | 3.63 AC |
| Floors | 2 | Parking Ratio | 2.9/1,000 SF |
| Zoning | DC -3 - Direct Control | ||
| Total Building Size | 78,225 SF |
| Property Type | Office |
| Building Class | A |
| Floors | 2 |
| Typical Floor Size | 3,877 SF |
| Year Built | 2014 |
| Lot Size | 3.63 AC |
| Parking Ratio | 2.9/1,000 SF |
| Zoning | DC -3 - Direct Control |
Amenities
- Storage Space
- Air Conditioning
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5002 55th St - Elements at Rivers Edge
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