5911 63 ST Red Deer, AB T4N 5N8

Several options are open to develop this highly visible 0.7 acre property zoned R2 medium density Residential, located in Highland Green. RENOVATE the existing building as a classy meeting center, REDEVELOP it into a trendy residential dwelling or RE-ZONE into commercial use for offices, food services or education/ childcare center. It's a traditional A-framed structure featuring the soaring cathedral acoustics of arches and beam construction over a 1900 sf auditorium.
There's an abundance of natural light flooding into the newer windows with an upper balcony/ mezzanine level overlooking the main auditorium. The building has a 2900 sf footprint with a newer insulated steel roof, 3 furnaces, lower level meeting space, washrooms, kitchen and plenty of storage space. There's an operable elevator for lower level access. Gorgeous mature trees line the north perimeter of the property. There's plenty of parking and direct access from two streets.
ALTERNATIVELY, if the 30,715 sf lot were to be cleared, it would accommodate new construction of up to 15 townhouse-style units with current R2 zoning or 7 single family lots of minimum size 360m2 at 12m width would also be considered to rezone as R1.