Red Deer, AB T4N 7A4,5511 50 AVE #1
Red Deer, AB T4N 7A4,5511 50 AVE #1
Red Deer, AB T4N 7A4,5511 50 AVE #1
$290,000
Est. payment /mo
$299,000
3.0%
Est.Price: ?

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1,465 Sqft Lot
SOLD DATE : 12/11/2025

Key Details

Sold Price $290,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Subdivision Downtown Red Deer

MLS® Listing ID A2261103

Sold Date 12/11/25

Year Built 1979

Annual Tax Amount $6,450

Tax Year 2025

Lot Size 1,465 Sqft

Acres 0.03

Property Sub-Type Retail

Source South Central

Property Description

An outstanding opportunity to own or lease a renovated corner bay with excellent visibility in a busy commercial complex. This 1,561 sq. ft. condo bay (approx. 54 ft x 29 ft) features a bright open retail area, a private office, secured storage, washroom, and a convenient rear entrance for shipping and receiving. The property includes a paved parking lot with two entrances, offering plenty of on-site parking for staff and customers, and a new roof was installed in 2017. Basic rent is $12.00 per sq. ft. with additional rent of $7.00 per sq. ft. (NNN). Tax amount (2025) $6,450.41 annually or $537 monthly. Zoned C-1, ideal for retail, showroom, or service-based businesses.

Location

Province AB

County Red Deer

Zoning C-1

Others

Restrictions None Known

Tax ID 102720222

Ownership Private

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Listed by Century 21 Masters

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Susan Cramer

Susan Cramer

+1(403) 863-4866

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