$695,000
$750,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
1.14 Acres Lot
SOLD DATE : 09/19/2024
Key Details
Sold Price $695,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Riverside Light Industrial Park
MLS® Listing ID A2129593
Sold Date 09/19/24
Originating Board Central Alberta
Year Built 1963
Annual Tax Amount $14,980
Tax Year 2023
Lot Size 1.140 Acres
Acres 1.14
Property Description
Approx 9,216 square foot freestanding industrial building, strategically located on a 1.13-acre site within the Riverside Light Industrial Park in Red Deer. Technically it is on two separate titles. This property offers excellent connectivity, positioned with easy access to Gaetz Avenue, 67th Street, and other major routes, facilitating convenient logistics and transportation. Significantly, this property was the former Masterfeeds location and includes external equipment such as storage tanks, shipping & ingredient bins with drive-through filling station. Some equipment and other unattached items within the building are available to remain or be taken out as desired, with the final arrangement to be negotiated. The building features a functional layout including a bright welcoming showroom, reception area, two washrooms, multiple private offices/rooms, a storage area, and a lunch room, designed to support both administrative and operational needs. The warehouse portion is notably equipped with a powered 10'x10' overhead door and is divided into two sections, with varying ceiling heights, to maximize a variety of industrial operations. There is a dedicated exterior raised concrete loading dock area. The gravel yard is partially enclosed by chain link and wood fencing, with access directly from the road being provided by a set of gates at opposite ends. Additional parking in front of the building. Immediate possession is available, offering a unique option for quick setup in a key industrial hub. The site could also be considered a redevelopment opportunity based on its prime location as well as being priced below appraised and City assessed values. Note stated building size is approximate.
Location
Province AB
County Red Deer
Zoning I1
Others
Restrictions Call Lister
Tax ID 83307941
Ownership Private
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