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5229 50th Ave 2,000 SF Office Condo Unit Offered at $214,840 in Red Deer, AB T4N 4B5
INVESTMENT HIGHLIGHTS
- Excellent visibility
- On site parking
- High traffic count
EXECUTIVE SUMMARY
7,500 square foot office building strategically located on Gaetz Ave, with great visibility and easy access.
PROPERTY FACTS
| Total Building Size | 7,500 SF | Typical Floor Size | 7,500 SF |
| Property Type | Office (Condo) | Year Built | 2001 |
| Building Class | B | Lot Size | 1.26 AC |
| Floors | 1 | Parking Ratio | 1.87/1,000 SF |
| Zoning | C1 - Light Commercial | ||
| Total Building Size | 7,500 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 7,500 SF |
| Year Built | 2001 |
| Lot Size | 1.26 AC |
| Parking Ratio | 1.87/1,000 SF |
| Zoning | C1 - Light Commercial |
1 UNIT AVAILABLE
Unit 102
| Unit Size | 2,000 SF | Sale Type | Investment |
| Price | $214,840 USD | Cap Rate | 9.40% |
| Price Per SF | $107.42 USD | NOI | $20,195.00 USD |
| Condo Use | Office |
| Unit Size | 2,000 SF |
| Price | $214,840 USD |
| Price Per SF | $107.42 USD |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 9.40% |
| NOI | $20,195.00 USD |
DESCRIPTION
This 2,000 sq ft ± first-class end-cap unit office space is located right on Gaetz Ave South.
SALE NOTES
Main-level Gaetz Ave frontage featuring 7 generous offices, front reception with built-in desk, 2 baths, a large boardroom with kitchenette, a server/storage room, as well as 6 common parking spots out front.
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Walk Score®
Walker's Paradise (93)
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5229 50th Ave
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