Gaetz Avenue Building

4901 - 46 Street
Red Deer

Gaetz Avenue Building  View1

Property Type

Investment
Property Size
18 954 Sq Ft
Available Space
18 954 Sq Ft
Opportunity Type
Sale
Price
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DescriptionClick Here To View Mapped Property

Click Here To View Mapped Property

JLL is pleased to present this exclusive opportunity to acquire an 18,954 square foot retail/office podium and surface parking lot located in the heart of downtown Red Deer, Alberta (the "Property").  Available are the first two storeys of a mixed-use investment property fronting the primary north/south arterial of Gaetz Avenue North (49 Avenue).  The Property enjoys a corner lot location and is positioned in the core of the city.

The Property represents the opportunity to acquire two units fully leased to Service Canada (12,639 SF) and Edward Jones (1,027 SF).  The location is the only Service Canada outlet for all of central Alberta. The two shell units (5,288 SF) represents an ideal opportunity for an owner/use to occupy the remainder of the Property; and use the income as a mortgage helper.  Alternatively, the units can readily be finished to a residential standard, or built-out as office, for additional income and yield.

Contact a Broker
Ryan Murphy_Commercial Real Estate Broker
Ryan Murphy

+1 403 456 5582

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Samuel Dean_Commercial Real Estate Broker
Samuel Dean

+1 780 328 2560

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Tyler Herder_Commercial Real Estate Broker
Tyler Herder

+1 780 328 2576

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