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Towne Centre Mall 4929 50 St 30,100 SF 94% Leased Retail Building Red Deer, AB T4N 1X9 $495,000 CAD ($16.45 CAD/SF)
INVESTMENT HIGHLIGHTS
- Downtown location across from busy Ross Street patio
- Extensive upgrades to HVAC in past year
EXECUTIVE SUMMARY
Towne Centre Mall is a 30,100 sq ft retail/office plaza located on bustling Ross Street, directly across from the Ross Street Patio which has many popular shops and restaurants with summertime outside seating and live music. It's also around the corner from Little Gaetz Ave. which hosts summertime markets every week. 21 lease spaces of varying sizes are perfect for small business startups and boutiques. Existing tenants range from a cafe to barber shop, stamps and coins, beauty salon, laser treatments, photography studio etc. Large, airy common areas and glass storefronts give it a mall feel. Common washrooms on all floors.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Building Size
30,100 SF
Building Class
B
Year Built
1960
Price
$495,000 CAD
Price Per SF
$16.45 CAD
Percent Leased
94%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.95
Lot Size
0.73 AC
Zoning
C1 - City Centre Commercial - retail, office, day care, educational institution, health and medical
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Ideal for office/retail use!
Ideal for office/ retail use!
| Space | Size | Space Use | Position | Available |
| 201 | 960 SF | Office/Retail | - | Now |
| 203 | 750 SF | Office/Retail | - | Now |
201
| Size |
| 960 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
203
| Size |
| 750 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
201
| Size | 960 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Ideal for office/retail use!
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
203
| Size | 750 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Ideal for office/ retail use!
Walk Score®
Walker's Paradise (97)
NEARBY MAJOR RETAILERS
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Towne Centre Mall | 4929 50 St
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