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Bays 4-5-7419 50 Avenue, Red Deer, AB, T4P 1M5

MLS® # A2191126
Commercial For Sale In Northlands Industrial Park, Red Deer, Alberta
$1,650,000
Bays 4-5-7419 50 Avenue, Red Deer, AB
Bays 4-5-7419 50 Avenue, Red Deer, AB
Bays 4-5-7419 50 Avenue, Red Deer, AB
Bays 4-5-7419 50 Avenue, Red Deer, AB
Bays 4-5-7419 50 Avenue, Red Deer, AB
Bays 4-5-7419 50 Avenue, Red Deer, AB
Bays 4-5-7419 50 Avenue, Red Deer, AB, T4P 1M5
$1,650,000

Property Information:

Looking to expand your portfolio, here is a solid investment property which is well maintained and in a great location. It is facing Gaetz Avenue - zoned C4 -semi-retail space with lots of available parking at the front, including 4 assigned stalls and two 10' X 14' drive-in doors at the rear with two man doors beside it. There is an available 455 sq ft mezzanine. LED lighting and HVAC throughout. The established tenant has 4 years left on the lease. It is currently showing a 4.6% yearly return.

Inclusions: Drive through paint booth, circular hoist, front desk, and furniture

Property Features:

  • Built in: 1976
  • Floor Space (approx): 9216.00 Square Feet
  • Zoning: C4

Courtesy of: CIR Realty

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
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

Location of Bays 4-5-7419 50 Avenue, Red Deer, AB, T4P 1M5

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, Bays 4-5-7419 50 Avenue , experiences 7 hot days per year at around 28.8 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 32.6 degrees Celsius.

Projected Avg. Temperature

Past
28.8℃
2050
32.6℃

# 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

24/100

Moderate-Low

ClimateCheck®

Current data

This property, Bays 4-5-7419 50 Avenue , experiences 10 significant 2-day storms per year, with about 207.1mm 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 218.9mm of precipitation per year.

Precipitation Per Storm

Past
207.1mm
2050
218.9mm

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.

Demographic Information of Bays 4-5-7419 50 Avenue, Red Deer, AB, T4P 1M5

Life Stage

Middle-Aged with Teens

Employment Type

Mixed

Average Household Income

$82,933.07

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.45 %

High school certificate or equivalent

41.01 %

Apprenticeship trade certificate/diploma

10.74 %

College/non-university certificate

14.88 %

University certificate (below bachelor)

1.33 %

University Degree

7.6 %

Commuter

Travel To Work

By Car

82.72 %

By Public Transit

2.77 %

By Walking

6.93 %

By Bicycle

2.77 %

By Other Methods

4.81 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.78 %

Houses

43.22 %

Own Vs. Rent