Turn-key Downtown Red Deer commercial condo, bay 2,359 ft², DC-28 zoning, fully refreshed in 2022. Bright second-floor space now laid out with a large open area, full wall of windows, 6 separate rooms/spaces, an open studio/showroom, kitchenette, washroom and a newly built reception area. Electrical rough-ins make it easy to subdivide into up to five private rooms. Recent upgrade includes a $12 k rooftop HVAC unit and modern flooring/fixtures. Super low condo fees work out cheaper than most downtown area leases. DC-28 zoning welcomes medical/wellness, salon & esthetics, boutique retail, professional office or training uses. Quick possession available. Call for more information.
Essential information
MLS® number
A2290885
Status
Active
Price
$299,000
Property type
Commercial
Type
Retail
Transaction
For Sale
Restrictions
None Known
Building area
2,359 sq ft
Lot size
2,416 sq ft
Year built
1994
Structure
Mixed Use
Listing brokerage
REMAX Innovations
Source
Pillar 9™ MLS® System
Exterior and construction
Zoning
DC(28)
Community
Subdivision
RRRR
City
Red Deer
Province
AB
Postal code
T4N 6Y4
Where it is
Loading map…
Approximate location, plotted from the listing’s own coordinates.
Investment calculator
Cap rate, cash flow and the coverage ratio a commercial lender will look at first.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
Cap rate—
Cash on cash—
Net operating income
—
Mortgage payment monthly
—
Annual debt service
—
Cash flow monthly, before tax
—
Cash in the deal
—
Loan amount
—
Debt service coverage—
—
An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.
Tell me when another one comes up
Leave your details and Satyam will let you know as soon as a new listing in retail space in Red Deer reaches the market — often before it is advertised anywhere else.
✓
You are on the list.
You will hear the moment a new listing in retail space comes up.
11 photos$240,00015 millrise Boulevard SW, Calgary
