4805 48 Street, Red Deer
MLS® # A1060238
Situated on GAETZ AVE South, The Elements at Rivers Edge! Unit #170, this professional condo-office space, superb visibility and fully tenanted. Strong tenant with a solid triple net lease in place, this elegantly finished office spaces boasts 3,250 sq ft ($369.00/PSF) currently set up as 10 individual office spaces, along with 2 baths. Featuring 8 titled parking spots, two of which are underground/ heated. Secured access doors, strong neighbouring professionals such as insurance, dental, healthcare, legal and more. Thinking of owning and operating?? Work and live in the same building! A part of Red Deer's most exclusive condominium living development available with residential condos ranging from $500k to $2Mill with spectacular views and amenities. As an investment, this is an excellent income generator property for those looking for commercial income property, bringing in just over $94,000/ year in gross income (base + NNN included) Condo fees are $1,304.32/month Visit realtors website today to find out more on this exclusive, fully developed professional office condo today!
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