4926 55 Street, Red Deer

$380,000

0 Beds
0 Baths
969 Sqft
0 Garage Size

Potential redevelopment property located downtown facing 55th Street, situated between 49 Ave and 50 Ave. Currently generating income with Lease in place until March 31, 2020. This property is a large parcel in comparison to other downtown lots, dimensions are approx 125' x 75' minus two angled corners, for a total size of approx 9,078sf. House has been converted to an office-style layout. Property is being marketed and sold as a potential redevelopment site, with value being based on land only. Tenant is not to be disturbed, showings of the building, if needed, are to occur after an accepted Offer is in place. Zoning is Direct Control 15, a recent Amendment to the Bylaw has been passed for this specific property which now lists some Commercial related uses as Discretionary. Rent and related information available upon request.

Essential Information
MLS® #CA0137724
Price$380,000
Bathrooms0.00
Square Footage969
Acres0.21
Year Built1929
TypeCommercial
Sub-TypeBuilding
StatusActive
Community Information
Address4926 55 Street
CityRed Deer
CountyRed Deer County
ProvinceAB
Postal CodeT4N 2J5
Additional Information
ZoningDirect Control 15
Office

Century 21 Advantage Commercial

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