Turn-key automotive shop, ready for service! This 1427 sq ft, single-overhead 12'x14' door w/ opener condo'd bay, located in Riverside Industrial. Featuring a main customer/counter space at the front, several common-area paved parking spots at the front, an exclusive fenced storage compound at the back, and more! A four-post and a two-post lift (tenants) are currently installed and might be able to be negotiated in the sale (with the tenant) along with other misc. equipment. Built in 1992 and in an. Excellent location in the Riverside Light district, within minutes from Gaetz Ave. and 67th Street, major arterial roads in Red Deer. Current tenancy ends in August 2026, but 60-day possession could be available. Radiant heat in the shop and forced air in the office make for a cozy and affordable option to do business out of. Additionally, there is approximately 500 SF of mezzanine space that's currently utilized for parts/storage or future office development if needed. Affordable condo fees of $292.01/month and taxes of $435.83/month, with all the amenities needed for your business to thrive in Riverside Industrial park, Red Deer Alberta!
Essential information
MLS® number
A2300996
Status
Active
Price
$275,000
Lease rate
$14/sq ft/yr
Property type
Commercial
Type
Industrial
Transaction
For Sale
Building area
1,428 sq ft
Lot size
1,427 sq ft
Year built
1992
Structure
Industrial
Listing brokerage
Century 21 Advantage
Source
Pillar 9™ MLS® System
Condominium
Condo fee
$292
Restrictions
None Known
Exterior and construction
Zoning
I-C
Community
Subdivision
RRIP
City
Red Deer
Province
AB
Postal code
T4N6T3
Where it is
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12 photos$295,000126, 40 Southbank Crescent, Okotoks
