$2,250,000

Commercial For Sale In South Hill, Red Deer, Alberta

$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
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