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Active
2810 50 Avenue
Red Deer, Alberta T4R1M4
Exclusive Offering
$12,500,000
41,440Living Space
2022Year Built
Property Overview
Located at 2810 - 50 Avenue in Red Deer, this is 5.87-acre site improved with a purpose-built Peavey Mart, completed in 2022.
The main building offers approximately 40,000 square feet of rentable area, plus a 1,440-square-foot greenhouse structure.
The balance of the site includes over 2 acres of vacant, developable land, also zoned C-4, providing a significant opportunity for future expansion or development.
Investment Analysis
InvestCalgary Insights • Rental data from RentFaster.ca
Price per Sq Ft
$302/sqft
Within typical Calgary range for investment properties
Investment Considerations
New Construction: Lower maintenance costs expected in first 5-10 years. May command premium rents.
Long Market Exposure: Significant negotiation opportunity. Consider reasons for extended listing period.
Commercial Investment: Evaluate rental demand and property management requirements for this property type.
Investment Analysis Disclaimer: These estimates are for informational purposes only and do not constitute financial advice. Actual rental income, expenses, and returns may vary. Consult with a qualified real estate professional before making investment decisions.