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5913 50 Avenue, Red Deer, AB, T4N 4C4

MLS® # A2145949
Commercial For Sale In Riverside Light Industrial Park, Red Deer, Alberta
$1,899,900
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
5913 50 Avenue, Red Deer, AB
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5913 50 Avenue, Red Deer, AB, T4N 4C4
$1,899,900

Property Information:

Prime Commercial Property in Red Deer. Lease Roll shows $224,902. Presenting an exceptional commercial property located in the heart of Red Deer, strategically positioned between the city’s two busiest streets, 50th Avenue and Gaetz Avenue. This nearly 10,000 sq. ft. property offers unparalleled visibility and accessibility, making it an ideal investment opportunity.Property Highlights: • Prime Location: Situated at the center of Red Deer, this property benefits from high traffic flow and excellent exposure. • Spacious Parking: Includes a large parking lot with its own title, ensuring ample parking space for tenants and visitors. • Versatile Space: Spanning three levels, the property hosts a variety of businesses. It features mostly office spaces, accommodating a long-standing real estate company of 20 years, accounting firm, and many other enterprises. • Modern Upgrades: Significant interior upgrades have been completed in some units, enhancing the appeal and functionality of the space. • Additional Revenue: Equipped with large billboards, this property provides an additional income stream through advertising.Don’t miss this opportunity to invest in a premium commercial property with excellent potential for long-term growth and income.

Inclusions: N/A

Property Features:

  • Built in: 1956
  • Floor Space (approx): 9573.00 Square Feet
  • Lot Size: 8503.00 Square Feet
  • Zoning: C1

Courtesy of: Maxwell Real Estate Solutions Ltd.

Data provided by: Central Alberta REALTORS® Association 4922 45 St., Red Deer, Alberta T4N 1K6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 5913 50 Avenue, Red Deer, AB, T4N 4C4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

28 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate-Low

28 hot days expected in 2050

37/100

Moderate-Low

ClimateCheck®

Current data

This property, 5913 50 Avenue , experiences 7 hot days per year at around 28.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 32.7 degrees Celsius.

Projected Avg. Temperature

Past
28.9℃
2050
32.7℃

# Hot Days Per Year

Past
7
2050
28

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

25/100

Moderate-Low

ClimateCheck®

Current data

This property, 5913 50 Avenue , experiences 10 significant 2-day storms per year, with about 207.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 219.3mm of precipitation per year.

Precipitation Per Storm

Past
207.2mm
2050
219.3mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 5913 50 Avenue, Red Deer, AB, T4N 4C4

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$90,589.08

Average Number of Children

1.77

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.71 %

High school certificate or equivalent

37.4 %

Apprenticeship trade certificate/diploma

8.8 %

College/non-university certificate

20.91 %

University certificate (below bachelor)

0.83 %

University Degree

8.34 %

Commuter

Travel To Work

By Car

80.36 %

By Public Transit

8.12 %

By Walking

9.64 %

By Bicycle

1.88 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

66.04 %

Houses

33.96 %

Own Vs. Rent

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