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Red Deer,AB T4N 0C2
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 894 sqft
Price per Sqft $335
Subdivision Downtown Red Deer
MLS Listing ID A2186777
Style 2 Storey
Bedrooms 2
Full Baths 2
Originating Board Central Alberta
Year Built 1939
Annual Tax Amount $5,480
Tax Year 2024
Lot Size 6,375 Sqft
Acres 0.15
Lot Dimensions 50.00X125.00
Property Description
This C1 ZONED property sits on a sloped lot in downtown Red Deer. The main floor is flexible as a fully contained residential suite or could be an office space which could work great as a lawyer office or any commercial enterprise. The separate basement unit walks out to ground level to the back and provides excellent exposure to Gaetz avenue for additional potential business or residential income. It has been upgraded including new windows, furnace, electrical, water services brand new hot water tank. There are 2 kitchens, 2 bathrooms and 2 bedrooms/offices on each floor with a shared Laundry area between. The main floor also has a nice loft overlooking the rest of the floor. There is plenty of parking at the back. It currently has tenants renting for only $1650/month but could be open to an increase. If you are tired of paying for commercial leases, this is an affordable way to operate and build equity. An excellent investment or opportunity for small business.
Location
Province AB
County Red Deer
Zoning C1
Direction N
Rooms
Basement Separate/Exterior Entry,Full,Partially Finished
Interior
Interior Features Vaulted Ceiling(s)
Heating Forced Air,Natural Gas
Cooling None
Flooring Carpet,Laminate,Slate,Tile
Inclusions 2 fridges, 2 stoves, 2 built in dishwashers, stacked washer/dryer
Appliance Dishwasher,Electric Stove,Refrigerator,Stove(s),Washer/Dryer Stacked
Laundry Common Area
Exterior
Parking Features Gravel Driveway,Off Street,Owned
Garage Description Gravel Driveway,Off Street,Owned
Fence None
Community Features Playground,Schools Nearby,Shopping Nearby,Walking/Bike Paths
Amenities Available Laundry
Roof Type Asphalt,Asphalt Shingle
Porch Deck
Lot Frontage 50.0
Total Parking Spaces 4
Building
Lot Description Standard Shaped Lot,Views
Foundation Combination,Poured Concrete
Sewer Sewer
Architectural Style 2 Storey
Level or Stories Two
Structure Type Wood Frame
Others
Restrictions None Known
Tax ID 91310407
Ownership REALTOR®/Seller; Realtor Has Interest