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4608 62 St 1,428 SF Flex Condo Unit Offered at $275,000 CAD in Red Deer, AB T4N 6T3
Investment Highlights
- Turn-key automotive shop with customer reception area and functional service bay layout.
- Located in Riverside Light Industrial Park with quick access to Gaetz Avenue and 67th Street.
- Exclusive fenced storage compound offers secure outdoor storage for equipment and materials.
Executive Summary
This industrial condominium is located within Red Deer's Riverside Light Industrial Park and offers a functional ownership opportunity in an established business environment. The strata-titled property is positioned within a professionally maintained industrial park with access to surrounding commercial and industrial services.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User |
| Sale Type | Owner User |
Description
Turn-key automotive shop, ready for service! This 1427 sq ft, single-overhead 12'x14' door w/ opener condo'd bay, located in Riverside Industrial. Featuring a main customer/counter space at the front, several common-area paved parking spots at the front, an exclusive fenced storage compound at the back, and more! A four-post and a two-post lift (tenants) are currently installed and might be able to be negotiated in the sale (with the tenant) along with other misc. equipment. Built in 1992 and in an. Excellent location in the Riverside Light district, within minutes from Gaetz Ave. and 67th Street, major arterial roads in Red Deer. Current tenancy ends in August 2026, but 60-day possession could be available. Radiant heat in the shop and forced air in the office make for a cozy and affordable option to do business out of. Additionally, there is approximately 500 SF of mezzanine space that's currently utilized for parts/storage or future office development if needed. Affordable condo fees of $292.01/month and taxes of $435.83/month, with all the amenities needed for your business to thrive in Riverside Industrial park, Red Deer Alberta!
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 5 | 1,428 SF | Flex | $275,000 CAD ($192.58 CAD/SF) | - |
Unit 5
| Unit Size |
| 1,428 SF |
| Condo Use |
| Flex |
| Price |
| $275,000 CAD ($192.58 CAD/SF) |
| NOI |
| - |
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Unit 5
| Unit Size | 1,428 SF |
| Condo Use | Flex |
| Price | $275,000 CAD ($192.58 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Description | |
| Turn-key automotive shop, ready for service! This 1427 sq ft, single-overhead 12'x14' door w/ opener condo'd bay, located in Riverside Industrial. Featuring a main customer/counter space at the front, several common-area paved parking spots at the front, an exclusive fenced storage compound at the back, and more! A four-post and a two-post lift (tenants) are currently installed and might be able to be negotiated in the sale (with the tenant) along with other misc. equipment. Built in 1992 and in an. Excellent location in the Riverside Light district, within minutes from Gaetz Ave. and 67th Street, major arterial roads in Red Deer. Current tenancy ends in August 2026, but 60-day possession could be available. Radiant heat in the shop and forced air in the office make for a cozy and affordable option to do business out of. Additionally, there is approximately 500 SF of mezzanine space that's currently utilized for parts/storage or future office development if needed. Affordable condo fees of $292.01/month and taxes of $435.83/month, with all the amenities needed for your business to thrive in Riverside Industrial park, Red Deer Alberta!</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 60,090 SF | Floors | 2 |
| Property Type | Industrial (Condo) | Typical Floor Size | 30,045 SF |
| Property Subtype | Warehouse | Year Built | 1996 |
| Building Class | B | Lot Size | 0.03 AC |
| Zoning | IC - Industrial/Commercial (Mixed Use) | ||
| Total Building Size | 60,090 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 30,045 SF |
| Year Built | 1996 |
| Lot Size | 0.03 AC |
| Zoning | IC - Industrial/Commercial (Mixed Use) |
Amenities
- Fenced Lot
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Very bikeable
80/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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4608 62 St
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