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Red Deer industrial property sold for $1.42M

The one-acre property features two industrial buildings
red deer property
 
A one-acre industrial property in Red Deer sold for $1.42 million, RE/MAX Complete Commercial Red Deer tells Western Investor. 
 
The one-acre property is located in the Northlands Industrial Park and includes a fully-leased, 16,160-square-foot building with six office bays. There is also a second building on the premises with four industrial bays. The property was listed for $1.55 million. 
 
The property is located at 7836 49 Ave., Red Deer. 
 

Breakdown: 

 
Price: $1,425,000
Lot Size: 1 acre 
Property Type: Industrial 
Zoning: IL 
Date of Sale: 04/18/2019 
City: Red Deer  
Province: Alberta 
Name of Brokerage: RE/MAX Complete Commercial Red Deer 
 
 

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