$850,000
5415 49 AVE Red Deer, AB T4N 3X5
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$850,000
Est. payment /mo
0.27 Acres Lot
UPDATED:
10/31/2024 09:55 PM
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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Listed by Century 21 Bravo Realty
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