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5233 49 Ave
Red Deer, AB T4N 6G5
Office Property For Sale


Investment Highlights
- Easy access to downtown amenities.
- Positioned along 49th Avenue.
- Well maintained with exterior upgrades.
- Sits on a corner lot.
Executive Summary
Positioned on one of Red Deer’s busiest corridors—49th Avenue—this property offers a premium, high-visibility location with exceptional access to key downtown amenities, including City Hall, the Provincial Building, the Court House, and the library. Includes a 26-stall parking lot directly adjacent to the rear of building. The attractive two-story office building totals 4994 sq ft on each floor and sits on a 100' x 128' corner lot. Built in 1980, it has been continuously occupied by a law firm since construction. The main floor features a welcoming reception and waiting area, a boardroom, signing room, photocopy room, two washrooms, a storage room, and seven offices. The second floor includes an additional signing room, photocopy room, library, kitchen, multiple storage rooms, and nine offices. The building has been well maintained over the years and underwent significant exterior upgrades, including new siding, a roof replacement in 2016, and new windows and doors in 2022—enhancing its overall curb appeal. Metered street parking is available along 53rd Street. This building and parking lot are also available for lease. Also, a satellite staff parking lot (3 lots) is available separately for sale and for lease, located half a block east (28 stalls plus storage shed).
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
9,888 SF
Building Class
B
Year Built
1980
Price
$900,000 CAD
Price Per SF
$91.02 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,994 SF
Building FAR
1.42
Lot Size
0.16 AC
Zoning
C-1
Parking
26 Spaces (2.53 Spaces per 1,000 SF Leased)
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