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4826 50 Street

Red Deer, AB

36,370
Sq Ft
Commercial
Type

Built 1999 · Unknown

$2,451,000 above the Downtown benchmark of $348,000

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About This Home

Downtown Investment Opportunity! Located in the heart of downtown Red Deer, along busy 50th (Ross) Street, this 3-storey office building with two additional parking lots is available for sale. Bishop Place is 36,370 SF over 4 floors (including the basement). The building is anchored by long-standing main floor tenant, Rexall Pharmacy. There are 5 parking stalls at the rear of the building. Included in the sale are two additional parking lots on separate titles, located at 5010 48 Avenue, Red Deer (12,500 SF - 35 stalls) and 4819 51 Street, Red Deer (6,250 SF - 13 stalls). Both parking lots are fully paved and have power service and plug-in's for each stall. The building is located directly across from City Hall Park and just down the street from the Ross Street Patio. This is an excellent opportunity for an owner/user looking for office space downtown or investment. The properties are professionally managed by Sunreal Property Management. (id:67953)

Property Details

MLS® Number
A2342417
Lot
Unknown
Year Built
1999
Days On Market
65

From Above

The Neighbourhood

Living In Downtown

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Central Red Deer living close to shops, cafés and services.

Benchmark home price$348,000
Average days on market41 Days
Active homes for sale17
Year-over-year change+6%
For Families

Schools Near This Home

  • Lindsay Thurber Comprehensive High
  • Hunting Hills High School
  • École Notre Dame High
  • Red Deer Polytechnic

These are the schools serving Red Deer. Catchments shift now and then, so it's worth a quick check with the school division for this exact address.

Listing Courtesy Of
RE/MAX Commercial Properties
Cameron Tomalty
MLS® A2342417 · 65 Days On Market
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$2,799,000
Est. $12,257/mo
Central Alberta lakeside landscape

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