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    4921 48 Street

    Red Deer, AB T4N 1S8
    • $399,000
    • STATUS: Active
    • ID#: A1035814
    UPDATED: 37 min ago
    $399,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,742
      SQFT
    • $84
      $/SQFT
    Neighbourhood:
    Type:
    Commercial
    Built:
    1955
    Area:

    Description

    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 is currently vacant and has historically operated as a retail unit. It 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, 2-piece washroom, and storage areas. Additional storage in the basement. 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 of the floor are three private storage rooms and a roof-top terrace. There are 2 of the 3 units rented with long term tenants in place. The width of the property allows for approx 3 parking stalls at the rear. **PRICED WELL BELOW 2019 APPRAISED VALUE**

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    Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. Data last updated: 2020-11-25T11:29:45.683.
    www.greateryycrealestate.ca/homes/110252383
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    4921 48 Street Red Deer, AB T4N 1S8

    • Price: $399,000
    • Status: Active
    • Updated: 37 min ago
    • ID#: A1035814
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,742
    SQFT
    $84
    $/SQFT
    1955
    Built
    Neighbourhood:
    Downtown Red Deer
    Area:
    Red Deer
    Property Description
    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 is currently vacant and has historically operated as a retail unit. It 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, 2-piece washroom, and storage areas. Additional storage in the basement. 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 of the floor are three private storage rooms and a roof-top terrace. There are 2 of the 3 units rented with long term tenants in place. The width of the property allows for approx 3 parking stalls at the rear. **PRICED WELL BELOW 2019 APPRAISED VALUE**
    Exterior Features

    Garage YN No Structure Type Mixed Use

    Interior Features

    Below Grade Finished Area 0.00 Building Area Total SF 4742.00 Ensuite YN No

    Property Features

    Additional Parcels YN No Building Area Total 4742.00 Property Sub Type Mixed Use Restrictions None Known Transaction Type For Sale Zoning C-1

    Listing provided courtesy of Salomons Commercial. © 2020 CREB®. All Rights Reserved.
    Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. Data last updated: 2020-11-25T11:29:45.683.
     
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