5415 49 AVE Active

Red Deer,AB T4N 3X5

$ 850000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Subdivision Downtown Red Deer

MLS Listing ID A2082990

Year Built 1910

Lot Size 0.274 Acres

Acres 0.27

Property Description

One of Red Deer's top Iconic corridor corners has just come onto the market. 49 Ave and 55 Street corner provides Right-in Right-out access & egress onto 49 Avenue and alley access from 48 Ave (2 way). City of Red Deer bus stop is adjacent to the south corner of this lot. This listing consists of 2 separate Linc #'s (and titles, 0015 529 994 & 0015 529 986) of the same lot Blk & Plan. The total land size for these 2 lots is 11,916 Sq. Ft. (This lot is adjacent to 7,925 sq ft Commercial lot located at 4831 55 Street. These 3 lots are being sold together for a total land sq ft of 19,841 sq ft (.46 acres) total asking price $ 1,220,000.00 (priced at 61.49 per sq ft) These lots together would make an incredible multifamily residential development site. They will need to be rezoned to R-3 in order comply with the city development by laws. The local area has a substantial number of existing R-3 developments all the way down 55 St. Don't miss this once in a lifetime opportunity. Alternatively the existing building currently is occupied as a successful respected Chiropractic office. The existing C-1 zoning provides for several high value uses as is. The three address of the properties being sold together are 5415 & 5411 49 Ave & 4831 55St.

Location

Province AB

County Red Deer

Zoning C1

Interior

Heating Combination,Natural Gas

Inclusions none

Exterior

Roof Type Asphalt Shingle

Total Parking Spaces 20

Building

Dwelling Type Retail

Foundation Brick/Mortar

Structure Type Brick,Wood Frame

Others

Restrictions None Known

Tax ID 83344959

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