4831 55 Street, Red Deer, Alberta

$299,000

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0.18

Acres

About 4831 55 Street

One of Red Deer's top Iconic corridor corners has just come onto the market. 49 Ave and 55 Street corner provides Right-in Right-out access & egress onto 49 Avenue and alley access from 48 Ave (2 way). City of Red Deer bus stop is adjacent to the west of this lot. This lot is adjacent to 9263 sq ft Commercial lot located at 5415 49 Ave . These 3 lots are being sold together for a total land sq ft of 19,841 sq ft (.46 acres) total asking price $ 1,220,000.00 (priced at 61.49 per sq ft) They will need to be rezoned to R-3 in order comply with the city development by laws or apply for a discretionary multi-family use un the current C-1 zoning . The local area has a substantial number of existing R-3 developments all the way down 55 St. Don't miss this once in a lifetime opportunity. Alternatively the existing building currently is occupied as a successful respected Chiropractic office. The existing C-1 zoning provides for several high value uses as is. The three address of the properties being sold together are 5415 & 5411 49 Ave & 4831 55St.

Features of 4831 55 Street

MLS® # A2083009
Price $299,000
Bathrooms 0.00
Acres 0.18
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 4831 55 Street
Subdivision Downtown Red Deer
City Red Deer
County Red Deer
Province Alberta
Postal Code T4N 2J2

Amenities

Utilities Electricity Available, Natural Gas Available, Garbage Collection, Phone Available, Sewer Available, Water Available
Parking Spaces 30
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed September 22nd, 2023
Days on Market 246
Zoning C-1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeVirtualPropertyInc.com

Listing Map

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