This is a great opportunity to own a MIXED USE Commercial Building, in a VERY prime location.
Perfect for Investors or OWNER-USERS.
Located within the Downtown Core and near Major Arterial Roads makes this a desirable choice for businesses and residents.
The main floor has historically operated as a retail unit, and boasts large street facing windows with ample natural light and pedestrian exposure. It’s approx 2,425sf, mainly wide open, and also features high ceilings, an office space, 2-piece washroom, and storage areas at the back. Additional storage also located in the basement. Currently rented on a month-to-month term which provides great flexibility.
The second floor is developed with Three Residential Apartment Suites comprising two 1-bedroom units and one 2-bedroom unit. Located at the southern end of the second floor are three private storage rooms and a roof-top terrace. All three Apartments on the 2nd floor are fully rented with long term tenants in place.
Three parking stalls are available in rear.
*Priced below 2019 appraised value!*
*** Please note that the sellers are Licensed Realtors in the Province of Alberta ***
- Listing Type:Sale - Building
- Property Type:Retail
- Listing #: LLDM-CA0171501 -17272
- Zoned for:C-1 Commercial (City Centre District)
- Community: Red Deer
- Neighbourhood: Downtown Red Deer
- Legal Description: Lot 14, Block 20, Plan K
- Available Space: 4742 sq ft