4823 53 Street, Red Deer

This C1 ZONED property sits on a sloped lot in downtown Red Deer. The main floor is flexible as a fully contained residential suite or could be an office space which could work great as a lawyer office or any commercial enterprise. The separate basement unit walks out to ground level to the back and provides excellent exposure to Gaetz avenue for additional potential business or residential income. It has been upgraded including new windows, furnace, electrical, water services brand new hot water tank. There are 2 kitchens, 2 bathrooms and 2 bedrooms/offices on each floor with a shared Laundry area between. The main floor also has a nice loft overlooking the rest of the floor. There is plenty of parking at the back. It currently has tenants renting for only $1650/month but could be open to an increase. If you are tired of paying for commercial leases, this is an affordable way to operate and build equity. An excellent investment or opportunity for small business.

Properties for Sale Similar to 4823 53 Street, Red Deer, Alberta

New Listing

47 Fern Road, Red Deer

$350,000 - 4 Beds, 2 Baths, 1,012 Sf

MLS® # A2186662

RE/MAX real estate central alberta

New Listing

11 Oxbow Street Sw, Red Deer

$345,000 - 4 Beds, 2 Baths, 1,050 Sf

MLS® # A2186800

RE/MAX real estate central alberta

4009 41 Avenue, Red Deer

$268,000 - 3 Beds, 2 Baths, 960 Sf

MLS® # A2183954

RE/MAX real estate central alberta