564 Laura Avenue, Red Deer County

$8,200,000

0 Beds
0 Baths
38,710 Sqft
28.43 Acres
0 Garages

Excellent Opportunity to own 28.43 Acres of Development Land in one of the best areas of Gasoline Alley West, directly behind Trail Appliances. Land is currently zoned DCD which will allow for 3 different types of Commercial Zoning: Commercial, Neighborhood Commercial and Commercial Core which means all kinds of possibilities. Existing tenant lease and appraisal is available upon request. Tenant pays $475,000/year in base rent + all triple net and property taxes. Land has been completely filled over the years, with zero swamp land bringing development costs down immensely.

Essential Information
MLS® #CA0191330
Price$8,200,000
Bathrooms0.00
Square Footage38,710
Acres28.43
Year Built1992
TypeCommercial
Sub-TypeLand
StatusActive
Community Information
Address564 Laura Avenue
CityRed Deer County
CountyRed Deer County
ProvinceAB
Postal CodeT4S 2L4
Utilities

Electricity, Garbage Collection, Power - Metered

Heating

Boiler, Forced Air/Hot Water, Natural Gas

Exterior
RoofMetal
ConstructionSteel
FoundationConcrete
Additional Information
ZoningDCD
Office

Realty Executives Alberta Elite

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