Red Deer industrial bay sells for $800,000

6,936-square-foot warehouse in Edgar Industrial Park also has second-floor office space

By
for Western Investor
August 28, 2019





DD red deer industrial bay

A 6,936-square-foot industrial bay in Red Deer’s Edgar Industrial Park has sold for $800,000, the equivalent of approximately $115 per square foot. The unit includes second-level office space.

Breakdown:

Property type: Industrial/office

Location: 102, 8026 Edgar Industrial Park

City: Red Deer, Alberta

Number of units: 1

Asking price: $890,000

Sale price: $800,000

Zoning: I1

Date of sale: August 21, 2019

Name of seller: 199033 Alberta Ltd.

Name of buyer: Signet 2.0 Inc.

Brokerage: Re/Max Compete Commercial, Red Deer

Agents: Cam Tomalty, Jeremy Makila and Glenn Moore


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