4,414 ft²Retail$1,895,000Sale
**SALE LEASEBACK OPPORTUNITY! Vendor is willing to provide a lease for the vacant building up to one year, at a lease rate to be based on the sale price!** Situated on an attractive corner lot along Red Deer’s main corridor, this property has the unique distinction of featuring two independent single-occupant commercial buildings, each with a relatively smaller footprint which is uncommon yet desirable. The west building (1,636sf) was custom-built for a automotive lube shop, which has been in operation since 2002. The current lease expires August 31, 2027. The east building (2,778sf) is vacant and had been occupied by Circle K (Mac’s) also since 2002. This is an incredible opportunity for both solely investors, or for owner/occupier/investors due to the ability to operate a business in the high-profile east building, with Gaetz Ave frontage, while capturing a revenue stream from a first rate Tenant in the west building. There is extraordinary exposure to Gaetz Ave with the buildings alone, plus an added benefit of a large pylon sign, with each building having its own panel. Further, the property is easily accessible, with three convenient access points to the site. Very well maintained and cared for, this is a prime piece of commercial property in the City.
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