4831 55 ST Active

Red Deer,AB T4N 2J2

$ 299000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Downtown Red Deer

MLS Listing ID A2083009

Originating Board Central Alberta

Annual Tax Amount $5,836

Tax Year 2023

Lot Size 7,925 Sqft

Acres 0.18

Property Description

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 west of this lot. This lot is adjacent to 9263 sq ft Commercial lot located at 5415 49 Ave . 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) They will need to be rezoned to R-3 in order comply with the city development by laws or apply for a discretionary multi-family use un the current C-1 zoning . 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.

Location

Province AB

County Red Deer

Zoning C-1

Interior

Inclusions none

Exterior

Utilities Available Electricity Available,Natural Gas Available,Garbage Collection,Phone Available,Sewer Available,Water Available

Total Parking Spaces 30

Others

Restrictions None Known

Tax ID 83345037

Ownership Private

View More
Favorite Go Tour