$1,350,000
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4806 51 Avenue, Red Deer, AB T4N4H3

- Beds
0 Baths
8,675 Sq Ft

This meticulously maintained office building is located right on Hwy 2A, offering excellent visibility and accessibility. The property is 100% leased with true NNN leases, ensuring that tenants cover all operating costs, making this a hassle-free investment. The largest tenant has been in place for over 20 years, adding stability to this exceptional asset. Listed at a 7.18% cap rate and open to offers, this property presents a rare opportunity to acquire a turnkey investment in the heart of Red Deers vibrant downtown core. Recent upgrades include 4 brand-new HVAC systems (installed in 2022, Approx. $60, 000) and new LED lighting with electrical work (completed in 2022, Approx. $23, 000). These updates reduce operating expenses and enhance energy efficiency for years to come. (id:55598)

  • MLS® A2182031
  • Date Listed12/03/2024
  • Days on Realty 10 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Subdivision Downtown Red Deer
  • Year Built 1980
  • Square Feet 8,675 sq. ft
  • Price Per Sq. Ft $155.62

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in AB / T4N4H3

Source: Walkscore

82/100

Very Walkable

Walk Score ®

48/100

Some Transit

Transit Score ®

59/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

22 nearby routes: 22 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 37/100, Transit Score: 30/100, Bike Score: 45/100.

Points of interest near 4806 51 Avenue, Red Deer, AB T4N4H3

Frequently Asked Questions for 4806 51 Avenue

Source: Realty.com

4806 51 Avenue, Red Deer, AB T4N4H3 is a Mixed Use, Other property listed for $1,350,000 The property is 8675 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 3 photos of 4806 51 Avenue.

Our records indicate that 4806 51 Avenue was built in 1980.

The full address for this home is 4806 51 Avenue, Red Deer, AB T4N4H3.

4806 51 Avenue has been listed on Realty.com since Tue December 03, 2024

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 37/100, Transit Score: 30/100, Bike Score: 45/100.

Listing provided courtesy of: Royal LePage Solutions (tel: (403) 252-5900)
Listing agent: Rohit Brar (tel: (587) 578-7259)

This content last refreshed on 2024-12-13 21:41:18. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 4806 51 Avenue, Red Deer, AB T4N4H3 : MLS® A2182031