Excellent property for anyone interested in keeping abreast of the Red Deer Regional Airport growth, and the upcoming expansion of the runway. There is a single building measuring 2,957 sq. ft. The front portion of the building measures 1,818 sq. ft. and is developed office space, with an entrance foyer, numerous offices, staff room, bathroom and mechanical room. 651 sq. ft. of this space is currently leased for $1,623.33 per month plus GST. The rear portion is developed as a residential apartment which includes two bedrooms, living room, dining room, kitchen, a laundry room / mechanical room and is currently rented. The apartment could easily be converted to office space.
The land is leased from the Red Deer Regional Airport Authority @ .19 cents SF per annum which equals to $2,104.46 per annum, plus $105.22 GST. until July 31, 2019, with an option to renew.
This lease includes the provision that: “The Leased Premises shall be used as a site for:
i) Office space for aviation/airport related business and an accommodations suite for use nightly or for short-term use by lessee clients, management and staff. No person or persons shall use the suite as a long term residence.
ii) The building shall not be used for any other purpose without the express written consent of the Red Deer Regional Airport Authority.”
|Type||Residential Commercial Mix|
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