101, 4911 51 Street, Red Deer101, 4911 51 Street, Red Deer — photo 2101, 4911 51 Street, Red Deer — photo 3101, 4911 51 Street, Red Deer — photo 4101, 4911 51 Street, Red Deer — photo 5101, 4911 51 Street, Red Deer — photo 6101, 4911 51 Street, Red Deer — photo 7101, 4911 51 Street, Red Deer — photo 8101, 4911 51 Street, Red Deer — photo 9101, 4911 51 Street, Red Deer — photo 10101, 4911 51 Street, Red Deer — photo 11101, 4911 51 Street, Red Deer — photo 12101, 4911 51 Street, Red Deer — photo 13101, 4911 51 Street, Red Deer — photo 14
1/14
Business For Sale · Office

101, 4911 51 Street, Red Deer

101, 4911 51 Street, Red Deer, AB T4N6V4

Price on request

728 SF

Asset Class

Office

Size

728 SF

Building class

B

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

90%

Year Built

1988

About this property

Exceptionally clean, well cared for, professionally managed, secured six storey office building located in the heart of downtown Red Deer, one block north of Ross Street on the corner of 51st Street. This 728 SF (654 SF useable) main floor space features a reception area and waiting room, two offices, and a washroom. The Additional Rent amount is $11.00 per SF for the 2026 budget year, which includes utilities and security. Underground parking stalls are available at a rate of $150.00 per month, surface parking stalls available at a rate of $125.00 per month. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Halcyon Wealth Partners400 SF2034-02
Halcyon Wealth Partners400 SF2034-02

Area demographics

Trade area within 3 miles of the property.

Population

49,258

Households

17,530

Median income

$106,000

Median age

31.1

Daytime population

48,787

5-yr growth

0.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 101, 4911 51 Street, Red Deer.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.