This meticulously maintained office building is located right on Hwy 2A, offering excellent visibility and accessibility. The property is 100% leased with true NNN leases, ensuring that tenants cover all operating costs, making this a hassle-free investment. The largest tenant has been in place for over 20 years, adding stability to this exceptional asset. Listed at a 7.18% cap rate and open to offers, this property presents a rare opportunity to acquire a turnkey investment in the heart of Red Deer’s vibrant downtown core. Recent upgrades include 4 brand-new HVAC systems (installed in 2022, Approx. $60,000) and new LED lighting with electrical work (completed in 2022, Approx. $23,000). These updates reduce operating expenses and enhance energy efficiency for years to come.More details
This quaint stand-alone office building with a large parking lot exudes charm and practicality, offering an inviting and productive workspace for its occupants. Nestled within both Gaetz north & south, this quaint home office building beckons with its timeless appeal. This building showcases a blend of classic and contemporary architectural elements that seamlessly come together to create a welcoming and functional workspace. Wheelchair ramp provides access for all. Inside, the interior exudes warmth and character. The main boardroom features a large bay window that allow ample natural light to flood the room, creating a bright and airy ambiance. A highlight of this property is its spacious parking lot. It can accommodate a fleet of vehicles, making it ideal for hosting clients or accommodating multiple employees. This large lot can be repurposed for almost any build, if so desired. The location does not get better than this!More details
FULLY RENTED 6 plex in Red Deer's EASTVIEW community. All suites have been refreshed between tenancies. Newer windows. New roof in November 2022. All units have street level access (no interior common hallways). Five of the 6 units have their own washers and dryers and balconies. One powered parking stall per unit with additional street parking. The property is within a short walk to several schools and shopping.More details
Data was last updated December 4, 2024 at 12:05 AM (UTC)
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