5415 49 Avenue, Red Deer, Alberta

$850,000

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0.27

Acres

About 5415 49 Avenue

One of Red Deer's top Iconic corridor corners has just come onto the market. 49 Ave and 55 Street corner provides Right-in Right-out access & egress onto 49 Avenue and alley access from 48 Ave (2 way). City of Red Deer bus stop is adjacent to the south corner of this lot. This listing consists of 2 separate Linc #'s (and titles, 0015 529 994 & 0015 529 986) of the same lot Blk & Plan. The total land size for these 2 lots is 11,916 Sq. Ft. (This lot is adjacent to 7,925 sq ft Commercial lot located at 4831 55 Street. These 3 lots are being sold together for a total land sq ft of 19,841 sq ft (.46 acres) total asking price $ 1,220,000.00 (priced at 61.49 per sq ft) These lots together would make an incredible multifamily residential development site. They will need to be rezoned to R-3 in order comply with the city development by laws. The local area has a substantial number of existing R-3 developments all the way down 55 St. Don't miss this once in a lifetime opportunity. Alternatively the existing building currently is occupied as a successful respected Chiropractic office. The existing C-1 zoning provides for several high value uses as is. The three address of the properties being sold together are 5415 & 5411 49 Ave & 4831 55St.

Features of 5415 49 Avenue

MLS® # A2082990
Price $850,000
Bathrooms 0.00
Acres 0.27
Year Built 1910
Type Commercial
Sub-Type Office
Status Active

Community Information

Address 5415 49 Avenue
Subdivision Downtown Red Deer
City Red Deer
County Red Deer
Province Alberta
Postal Code T4N 3X5

Amenities

Parking Spaces 20
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Combination
Fireplace No
Has Basement No

Exterior

Roof Asphalt Shingle
Construction Wood Frame, Brick
Foundation Brick/Mortar

Additional Information

Date Listed September 22nd, 2023
Days on Market 299
Zoning C1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeVirtualPropertyInc.com

Listing Map

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