564 Laura Avenue, Rural Red Deer County

$8,200,000

0 Beds
0 Baths
38,710 Sqft
28 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
Acres28.00
Year Built1992
TypeCommercial
Sub-TypeLand
StatusActive
Community Information
Address564 Laura Avenue
SubdivisionGasoline Alley
CityRural Red Deer County
CountyRed Deer County
ProvinceAlberta
Postal CodeT4S 2L4
Utilities

Electricity Available, Garbage Collection

Heating

Boiler, Combination, Natural Gas

Exterior
Lot DescriptionIrregular Lot
RoofMetal
ConstructionMetal Siding
FoundationPoured Concrete
Additional Information
Days on Market107
ZoningDCD
Office

Realty Executives Alberta Elite

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