An outstanding opportunity to own or lease a renovated corner bay with excellent visibility in a busy commercial complex. This 1,561 sq. ft. condo bay (approx. 54 ft x 29 ft) features a bright open retail area, a private office, secured storage, washroom, and a convenient rear entrance for shipping and receiving. The property includes a paved parking lot with two entrances, offering plenty of on-site parking for staff and customers, and a new roof was installed in 2017. Basic rent is $12.00 per sq. ft. with additional rent of $7.00 per sq. ft. (NNN). Tax amount (2025) $6,450.41 annually or $537 monthly. Zoned C-1, ideal for retail, showroom, or service-based businesses.
Address
1, 5511 50 Avenue
List Price
$299,000
Property Type
Commercial
Type of Dwelling
Retail
Transaction Type
Sale
Area
Red Deer
Sub-Area
Downtown Red Deer
Lot Size
1465 Sq. Ft.
Year Built
1979
MLS® Number
A2261103
Listing Brokerage
Century 21 Masters
Postal Code
T4N 7A4
Zoning
C-1