List Search

5212 48 St
Red Deer, AB T4N 7C3

Price Upon Request

Office Condos For Sale  •  2,203+ SF

Property Details

  • Property Type Office
  • Total Building Size 5,891 SF
  • Lot Size 2.21 AC
  • Building Class B
  • Year Built 2001
  • Tenancy Multiple
  • Zoning DC
48 Transit Score
76 Walk Score

2 Units Available

Name Condo Use Size Price Details
1st Floor - Unit A203 Office 2,506 SF Price Upon Request
  • Unit Size: 2,506 SF
  • Condo Use: Office
  • Price: Price Upon Request
  • Sale Type: Investment or Owner User
Description
The unit features a large reception and waiting area, boardroom, private offices, plenty of natural light, and large building signage facing Taylor drive and the common parking area. Unit C105 is main floor retail medical condo leased by Connect Hearing who have been tenants since 2013. The unit has tasteful upgrades, large reception and waiting area, nursing station, private exam rooms, and a large lunchroom / kitchenette area.

Sale Notes
Prime investment opportunity to purchase two condos in Heritage Village, Red Deer. This busy commercial center offers professional property management, excellent parking for staff and clientele, easy access to Taylor Drive and Ross Street, steps away from the newly anticipated Capstone development, Red Deer River trail system, and the Red Deer Regional Hospital. Unit A203 is a second floor sale-leaseback opportunity with Shajani CPA, Chartered Professional Accountants & Advisors. Preference is to sell both units together as a package.

1st Floor - Unit C105 Retail 2,203 SF Price Upon Request
  • Unit Size: 2,203 SF
  • Condo Use: Retail
  • Price: Price Upon Request
  • Sale Type: Investment or Owner User
Description
The unit features a large reception and waiting area, boardroom, private offices, plenty of natural light, and large building signage facing Taylor drive and the common parking area. Unit C105 is main floor retail medical condo leased by Connect Hearing who have been tenants since 2013. The unit has tasteful upgrades, large reception and waiting area, nursing station, private exam rooms, and a large lunchroom / kitchenette area.

Sale Notes
Prime investment opportunity to purchase two condos in Heritage Village, Red Deer. This busy commercial center offers professional property management, excellent parking for staff and clientele, easy access to Taylor Drive and Ross Street, steps away from the newly anticipated Capstone development, Red Deer River trail system, and the Red Deer Regional Hospital. Unit A203 is a second floor sale-leaseback opportunity with Shajani CPA, Chartered Professional Accountants & Advisors. The unit features a large reception and waiting area, boardroom, private offices, plenty of natural light, and large building signage facing Taylor drive and the common parking area. Unit C105 is main floor retail medical condo leased by Connect Hearing who have been tenants since 2013. The unit has tasteful upgrades, large reception and waiting area, nursing station, private exam rooms, and a large lunchroom / kitchenette area. Preference is to sell both units together as a package.

Description

Heritage Village Condos at 5212 48 Street in Red Deer, Alberta is a 2001-built commercial condominium investment situated near Taylor Drive in a central, easily accessible location.  The offering features an office component leased to Shajani CPA and a street oriented retail component leased to National Hearing Services Inc. o/a Connect Hearing, providing diversified income from established professional and medical related tenants.  With strong in-place income, flexible lease terms on the office side, and a long term retail lease with renewal options, this property presents a compelling opportunity for investors seeking stable cash flow in a well positioned Red Deer asset.

Highlights

Provides convenient access and strong visibility within the city’s core trade area.
Uses supported under DC Direct Control zoning for office and retail operations.
Established professional tenants.

Property Flyers

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 24
Type: Surface
Included in Rent: Yes
Blair McArthur 403-391-0669 Colliers
Blair McArthur 403-391-0669 Colliers