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4768 Riverside Dr
Red Deer, AB T4N 2N7

$437,865 - $986,111 USD

Warehouse Condos For Sale • 4,200+ SF

Property Details

Property Type Warehouse
Total Building Size 15,000 SF
Lot Size 0.34 AC
Building Class C
Year Built 2002
Tenancy Multiple
Zoning IC

50 Transit Score

50 Walk Score

3 Units Available

Name	Condo Use	Size	Price
1st Floor - Unit 1	Flex	4,200 SF	$437,865 USD
Unit Size: 4,200 SF Condo Use: Flex Price: $437,865 USD Sale Type: Owner User Price/SF: $104.25 USD Description Located in Riverside Light Industrial Park, this 4,200 SF end unit is available for sale. The unit features a reception area and waiting room, a large showroom, multiple office/storage areas, a washroom, and a large shop with an overhead door. The yard is paved and gravel, fully fenced with one entrance, and shared with neighbouring businesses of the building. Paved parking is available directly in front of the unit. This central location offers excellent access to Gaetz Avenue North and South.
1st Floor - Unit 1-3	Industrial	8,955 SF	$986,111 USD
Unit Size: 8,955 SF Condo Use: Industrial Price: $986,111 USD Sale Type: Owner User Price/SF: $110.12 USD Description Excellent owner/user investment opportunity! Located in Riverside Light Industrial Park, this 8,955 SF multi-unit industrial/commercial mix building, on 0.51 acres, is available for sale. A purchaser can occupy a portion of the building while benefitting from existing rental income from established tenants. There are three units in the building. Unit 1 is 4,200 SF and is currently the home of a printing business who will vacate upon completion of a sale. Unit 2 is 2,400 SF and is currently leased to Kensei Gym. Unit 3 is 2,355 SF and is currently leased to Nyman's Artmarks. There is a fully fenced, shared yard behind the building and ample paved parking available directly in front. The property is centrally located with quick access to Gaetz Avenue and 67th Street.
1st Floor - Unit 2 & 3	Industrial	4,755 SF	$548,246 USD
Unit Size: 4,755 SF Condo Use: Industrial Price: $548,246 USD Sale Type: Investment Price/SF: $115.30 USD Description Excellent investment opportunity! Located in Riverside Light Industrial Park, two condo units totaling 4,755 SF are available for sale. Unit 2 is 2,400 SF and is currently leased to Kensei Gym. Unit 3 is 2,355 SF and is currently leased to Nyman's Artmarks. The building sits on 0.51 acres and there is a fully fenced, shared yard behind the building with ample paved parking available directly in front. The property is centrally located with quick access to Gaetz Avenue and 67th Street. These units can be purchased together, or the entire building can be purchased as a whole offering investment or owner/user options.