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CAD 549,000

4940 50 Street
Red Deer, Alberta

Property Description

Situated downtown on the Ross Street Patio, this, fully leased mix use building is available as your next, or first, investment property. There is a well established, local coffee shop on the main level, with a recently renovated residential apartment upstairs. The building features an excellent cap rate, and has many upgrades including a new HVAC unit, upgraded plumbing and painting, with a 1,500 SF footprint. City Roast coffee boasts freshly in house roasted coffee beans, in house baked goodies, and an excellent lunch menu. (id:885)

Courtesy of RE/MAX Commercial Properties

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Property Details

ID #
A1139376
Status
For Sale
Postal Code
T4N1X7
Year Built
1945
Total Finished Area
2994 sqft
Zoning Description
C1
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