This vacant land in Red Deer offers a 12,500 sqft lot. The property has lot dimensions of 12500.00.
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:60351)
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Listed by Craig Fleming, Century 21 Maximum
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Listing represented by Craig Fleming, Century 21 Maximum · MLS# A2272207
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.