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5303 48 Avenue, Redwater, Alberta, T0A 2W0

MLS® # 43689912
new listing
Commercial For Sale In Redwater, Alberta
$2,200,000

None Beds

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MULTIMEDIA

5303 48 Avenue, Redwater, Alberta, T0A 2W0
$2,200,000

Property Information:

JUDICIAL SALE. The centre has a complimentary mix of retail and residential tenancies. The property provides an excellent opportunity for a portion of the asset to be occupied by a medical, professional or retail owner user. Rare opportunity for investors and/or professional & retail users to occupy and secure a high profile income producing asset in Redwater. Staggered lease terms with community driven tenant mix and built in rent escalations. Marquee corner site offering high exposure to 3,660± vehicles per day on Highway 38 (48 Avenue).Other Property Types: Multi-FamilySubject Space Width: 25Ownership Interest: Judicial SaleSite Services: Natural GasTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Vince CaputoAppointment Phone: 780-436-7410Paragon Listing ID: E4370596 (id:27)

Building Features:

  • Floor Space: 22000 sqft

Property Features:

  • Property Type: Retail
  • Built in: 2020
  • Floor Space (approx): 22000 Square Feet
  • Irregular: Yes
  • Lot Size: 46286.86 Square Feet
  • No. of Parking Spaces: 53

Courtesy of: NAI Commercial Real Estate Inc

REALTOR.ca  

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Market Price Trends

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Location of 5303 48 Avenue, Redwater, Alberta, T0A 2W0

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

27 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate-Low

27 hot days expected in 2050

36/100

Moderate-Low

ClimateCheck®

Current data

This property, 5303 48 Avenue , experiences 7 hot days per year at around 28.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 32.1 degrees Celsius.

Projected Avg. Temperature

Past
28.5℃
2050
32.1℃

# Hot Days Per Year

Past
7
2050
27

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

23/100

Moderate-Low

ClimateCheck®

Current data

This property, 5303 48 Avenue , experiences 10 significant 2-day storms per year, with about 187.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 206.1mm of precipitation per year.

Precipitation Per Storm

Past
187.7mm
2050
206.1mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 5303 48 Avenue, Redwater, Alberta, T0A 2W0

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$107,371.66

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.29 %

High school certificate or equivalent

37.37 %

Apprenticeship trade certificate/diploma

20.42 %

College/non-university certificate

15.56 %

University Degree

7.35 %

Commuter

Travel To Work

By Car

92.53 %

By Public Transit

0.0 %

By Walking

4.9 %

By Bicycle

0.0 %

By Other Methods

2.57 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

0.06 %

Houses

99.94 %

Own Vs. Rent

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