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5116 52 St 2,617 SF Office/Medical Condo Unit Offered at $290,005 in Red Deer, AB T4N 6Y4
Investment Highlights
- Centrally located in Downtown Red Deer with excellent visibility and convenient access for clients and staff.
- Bright reception area with built-in desk and abundant natural light creates a welcoming first impression.
- Flexible two-level layout with multiple offices, open work areas, and room for customized configurations.
- Includes multiple private offices, staff amenities, and washrooms on both levels for operational efficiency.
Executive Summary
Positioned in the heart of Downtown Red Deer, this commercial condominium offers excellent visibility and convenient access within a well-established business district. The two-level layout features a welcoming reception area, multiple private offices, open workspaces, staff amenities, and washrooms on both floors, providing flexibility for a variety of business operations. Designed to accommodate evolving needs, the interior offers ample opportunity for reconfiguration to support a wide range of professional, administrative, or service-oriented uses.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Discover a prime commercial condo located in the heart of downtown Red Deer. Centrally positioned this 2-storey unit provides excellent visibility and easy access for clients and staff. Recently used as a dentist office, this unit features 1,904 sq ft on the ground floor and 713 sq ft on the second floor. The large reception area features a built-in desk and plenty of natural light to greet your clients. There are 2 large open areas, 6 separate office/storage spaces, a washroom and staff area on the main floor. Up top, is a washroom, laundry room with shower and 2 separate offices. Plenty of space to be reconfigured to accommodate your business’s unique needs.
Sale Notes
Underfloor air and water lines are in the building for a dental office.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 2,617 SF | Office/Medical | $290,005 USD ($110.82 USD/SF) | - |
Unit 1
| Unit Size |
| 2,617 SF |
| Condo Use |
| Office/Medical |
| Price |
| $290,005 USD ($110.82 USD/SF) |
| NOI |
| - |
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Unit 1
| Unit Size | 2,617 SF |
| Condo Use | Office/Medical |
| Price | $290,005 USD ($110.82 USD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Discover a prime commercial condo located in the heart of downtown Red Deer. Centrally positioned this 2-storey unit provides excellent visibility and easy access for clients and staff. Recently used as a dentist office, this unit features 1,904 sq ft on the ground floor and 713 sq ft on the second floor. The large reception area features a built-in desk and plenty of natural light to greet your clients. There are 2 large open areas, 6 separate office/storage spaces, a washroom and staff area on the main floor. Up top, is a washroom, laundry room with shower and 2 separate offices. Plenty of space to be reconfigured to accommodate your business’s unique needs. | |
| Sale Notes | |
| Underfloor air and water lines are in the building for a dental office. |
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 | 16,791 SF | Typical Floor Size | 8,396 SF |
| Property Type | Retail (Condo) | Year Built | 1994 |
| Property Subtype | Storefront Retail/Office | Lot Size | 0.22 AC |
| Building Class | B | Parking Ratio | 0.12/1,000 SF |
| Floors | 2 | ||
| Zoning | REd Deer - DC (28) - Direct Control District | ||
| Total Building Size | 16,791 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 8,396 SF |
| Year Built | 1994 |
| Lot Size | 0.22 AC |
| Parking Ratio | 0.12/1,000 SF |
| Zoning | REd Deer - DC (28) - Direct Control District |
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
50/100
Exceptionally bikeable
90/100
Nearby Major Retailers
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Photos
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5116 52 St
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