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$ 425,000
Est. payment | /mo
0.29 Acres Lot
$ 425,000
Est. payment | /mo
0.29 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Downtown Red Deer
MLS® Listing ID A2272207
Lot Size 0.287 Acres
Acres 12500.0
Property Sub-Type Freehold
Source Central Alberta REALTORS® Association
Property Description
Prime opportunity in the heart of downtown Red Deer. This commercial parking lot at 4717 49 Street is zoned C-1 and is priced below the current City of Red Deer tax assessment, offering strong value for investors or businesses looking to secure a central location. 49 Street is one of Red Deer's key downtown corridors placing this property in a high-visibility, high-traffic area with excellent access to surrounding businesses, services, restaurants, and downtown amenities. C-1 zoning (City Centre Commercial Zone) provides a wide range of permitted and discretionary uses, making this property more versatile than simply a parking lot. Some of the permitted uses under C-1 zoning include high density residential, mixed-use development, professional offices, retail stores, personal services, medical or dental clinics, business support services and many more. Whether you're looking to continue using the site as a parking facility or explore future redevelopment options in a prime downtown location, this property offers flexibility, visibility, and long-term potential at a compelling price point. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
Fence Partially fenced
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by Century 21 Maximum
