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#101-304-5011 39 Street, Red Deer, AB, T4N 0Z6

MLS® # A2278693
Commercial For Sale In South Hill, Red Deer, Alberta
$2,250,000

None Beds

#101-304-5011 39 Street, Red Deer, AB - Outdoor With View
#101-304-5011 39 Street, Red Deer, AB - Outdoor With View
#101-304-5011 39 Street, Red Deer, AB - Outdoor
#101-304-5011 39 Street, Red Deer, AB - Outdoor With Exterior
#101-304-5011 39 Street, Red Deer, AB - Outdoor
#101-304-5011 39 Street, Red Deer, AB - Indoor Photo Showing Laundry Room
#101-304-5011 39 Street, Red Deer, AB - Indoor Photo Showing Other Room
#101-304-5011 39 Street, Red Deer, AB - Indoor Photo Showing Basement
#101-304-5011 39 Street, Red Deer, AB - Indoor Photo Showing Basement
#101-304-5011 39 Street, Red Deer, AB - Indoor Photo Showing Basement
#101-304-5011 39 Street, Red Deer, AB - Outdoor With View
#101-304-5011 39 Street, Red Deer, AB - Outdoor With View
#101-304-5011 39 Street, Red Deer, AB - Outdoor
#101-304-5011 39 Street, Red Deer, AB - Outdoor With Exterior
#101-304-5011 39 Street, Red Deer, AB - Outdoor
#101-304-5011 39 Street, Red Deer, AB - Indoor Photo Showing Laundry Room
#101-304-5011 39 Street, Red Deer, AB - Indoor Photo Showing Other Room
#101-304-5011 39 Street, Red Deer, AB - Indoor Photo Showing Basement
#101-304-5011 39 Street, Red Deer, AB - Indoor Photo Showing Basement
#101-304-5011 39 Street, Red Deer, AB - Indoor Photo Showing Basement
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#101-304-5011 39 Street, Red Deer, AB, T4N 0Z6
$2,250,000

Property Information:

18 suite apartment building adjacent to the Red Deer Regional Hospital which is currently undergoing a $1 billion expansion that will provide 3,000 direct jobs. Suite mix is 3 - 2br, 14 1br and 1 bachelor (which has just become vacant and is being renovated). New shingles and exterior concrete work completed in 2025. Some new windows. Newer boiler and hot water tank. RPR has been ordered. This building is one of four buildings offered by the same owner and can be purchased individually or as a package. The other buildings are located at 4920-47 St (24 suites), 4744 - 54 St (24 suites) and 4721 - 55 St (40 suites).

Inclusions: 18 fridges, 18 stoves, 2 coin operated washers, 2 coin operated dryers.

Property Features:

  • Built in: 1968
  • Construction Materials: Brick, Stucco
  • Floor Space (approx): 8952.00 Square Feet
  • Heating: Boiler, Natural Gas
  • Zoning: R-M
  • No. of Parking Spaces: 17

Courtesy of: RE/MAX real estate central alberta

Data provided by: Central Alberta REALTORS® Association 4922 45 St., Red Deer, Alberta T4N 1K6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

Single family detached

9.28%

Price change (1 year)

30.71%

Price change (5 years)

All Properties

7.67%

Price change (1 year)

27.69%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of #101-304-5011 39 Street, Red Deer, AB, T4N 0Z6

Demographic Information of #101-304-5011 39 Street, Red Deer, AB, T4N 0Z6

Life Stage

Young Families

Employment Type

Service Sector/White Collar

Average Household Income

$89,115.67

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.95 %

High school certificate or equivalent

34.47 %

Apprenticeship trade certificate/diploma

8.69 %

College/non-university certificate

20.5 %

University certificate (below bachelor)

0.81 %

University Degree

17.58 %

Commuter

Travel To Work

By Car

76.01 %

By Public Transit

3.26 %

By Walking

15.9 %

By Bicycle

0.81 %

By Other Methods

4.02 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

73.79 %

Houses

26.21 %

Own Vs. Rent

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