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Mixed Use Commercial Investment Property (Land and Building)
5303 48 Avenue
Redwater, Alberta T0A 2W0

22,000sqft

For Sale - Retail Space

Alberta - Redwater - 48 Avenue

Description

NAI Commercial Real Estate has been retained by the Court of King’s Bench of Alberta on an exclusive basis to arrange for the Judicial sale of a unique multi-tenant investment property prominently located on 48 Avenue (Highway 38) in Redwater. 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)

Key Details

Property Type
Retail Space
Size
22,000 Sqft
Sale Price
$2,500,000
Brochure:
Download

Size & Measurements

Unit Size
22,000 Sqft
Retail Space Portion
22,000 Sqft

Pricing

Sale Price
CA$2,500,000.00

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NAI Commercial Real Estate Inc.
NAI Commercial Real Estate Inc.
NAI Commercial Real Estate
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