5303 48 Av, Redwater, Alberta T0A 2W0

Listed for:
$3,600,000
0 beds
0 baths
Listed 108 days ago
5303 48 Av, Redwater, Alberta T0A 2W0

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Listing provided by:
NAI Commercial Real Estate Inc
MLS® number:
E4370596
Agent:
Vincenzo P. Caputo
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About

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). (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
53
Ownership Type
Amenities nearby

Location

Summary

With a total of 53 parking spaces, this property is being sold through a judicial sale. It features a mix of retail and residential tenancies, making it an attractive opportunity for medical, professional, or retail owner users. Investors, professional users, and retail users have a rare chance to occupy and secure an income-producing asset in Redwater. The lease terms are staggered, with a tenant mix driven by the community and built-in rent escalations. Situated on a marquee corner site, the property offers high exposure to 3,660 vehicles per day on Highway 38 (48 Avenue). (id:27476).

This property is currently on the market for sale and is located at 5303 48 AV in the city of Redwater, Alberta. Its postal code is T0A2W0.