101, 2030 50 Avenue Red Deer, Alberta T4R 1Z4

121,191 ft2

$2,800,000

An exceptional opportunity to acquire a fully leased retail plaza at 101, 2030 50th Avenue, a high-traffic commercial corridor in southeast Red Deer. Strategically positioned with excellent exposure and dual access, this modern strip centre offers consistent visibility and accessibility in a growing trade area. The property features a well-balanced mix of established tenants, including Five Guys and Chatters, representing strong national brands in the food and personal care sectors. Their presence contributes to excellent income stability and zero vacancy. Built in 2014, the building showcases durable construction, ample surface parking, and lasting curb appeal—making it an attractive asset for long-term ownership.Zoned C2A, the plaza is ideally situated among established residential communities, complementary retail amenities, and major transportation corridors. This zoning supports a broad range of commercial uses, enhancing long-term tenant demand and offering strong potential for future redevelopment. A prime investment opportunity for buyers seeking secure cash flow, future upside, and a presence in one of Red Deer’s most active retail zones. (id:36536)

Property Details

MLS® Number A2272034
Property Type Retail
Community Name South Hill
Plan 0023042

Building

Constructed Date 2001
Size Exterior 121191 Sqft
Size Interior 121,191 Ft2
Total Finished Area 121191 Sqft
Type Retail

Land

Acreage No
Size Irregular 5000.00
Size Total 5000 Sqft|4,051 - 7,250 Sqft
Size Total Text 5000 Sqft|4,051 - 7,250 Sqft
Zoning Description C-4

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