4921 48 Street, Red Deer

$439,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Great opportunity to own a MIXED USE Commercial/Residential Building, in a VERY prime location in Downtown Red Deer. Perfect for Investors or OWNER-USERS. Located within the Core and near Major Arterial Roads, this unit checks all the boxes. 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. Additional storage in the basement. CURRENTLY RENTED MONTH-TO-MONTH. The 2nd floor is developed with 3 residential apartment suites comprising two 1-bedroom units and one 2-bedroom unit. Located at the southern end are three private storage rooms and a roof-top terrace. All three Apartments are fully rented with long term tenants in place. Three parking stalls available in the rear. **PRICED BELOW 2019 APPRAISED VALUE**

Essential Information
MLS® #CA0171501
Price$439,000
Bathrooms0.00
Acres0.00
Year Built1955
TypeCommercial
Sub-TypeRetail
StatusActive
Community Information
Address4921 48 Street
CityRed Deer
CountyRed Deer County
ProvinceAB
Postal CodeT4N 1S8
Additional Information
ZoningC-1
Listing Details
OfficeCentury 21 Advantage
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