4823 53 Street | Red Deer, Alberta, T4N0C2

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. (id:59084)

Property Details

Full Address:
4823 53 Street, Red Deer, Alberta
Price:
$ 299,900
MLS Number:
A2186777
List Date:
January 10th, 2025
Neighbourhood:
Downtown Red Deer
Lot Size:
6375 sq.ft.
Year Built:
1939
Taxes:
$ 5,480
Listing Tax Year:
2024

Interior Features

Bedrooms:
2
Bathrooms:
2
Appliances:
Refrigerator, Dishwasher, Stove, Washer/Dryer Stack-Up
Flooring:
Tile, Laminate, Slate, Carpeted
Air Conditioning:
None
Heating:
Forced air, Natural gas
Basement:
Partially finished, Full, Separate entrance

Building Features

Storeys:
2
Foundation:
Poured Concrete, See Remarks
Sewer:
Municipal sewage system
Interior Features:
Laundry Facility
Garage:
Other, Gravel
Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 5,480

Floors

Finished Area:
894 sq.ft.
Main Floor:
894 sq.ft.

Land

View:
View
Lot Size:
6375 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Location

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