Address
4819 48 Avenue, Red Deer, AB
Price
$ 879,900
Property Attributes
- MLS#A2346263
- TypeCommercial
- Listing Status Active
- CityRed Deer
- NeighbourhoodDowntown Red Deer
- Postal CodeT4N 3T2
- StyleLow Rise (2-4 stories)
- Year Built1960
- Price$ 879,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Pillar 9 Technologies
Property Description
Excellent investment opportunity! This two-storey building is conveniently located directly across from Red Deer’s new Courthouse/Justice Centre and near the Red Deer Transit Station hub Located directly on 49th Street in the heart of Downtown Red Deer, this commercial property offers high-visibility storefront placement with strong foot and vehicle traffic. The property spans a generous 9,750" sq. ft." above grade. Originally constructed in 1960, the building’s substantial footprint and flexible layout make it an ideal candidate for single-tenant operations or multi-tenant retail and service buildouts. The main floor has 2 long-term tenants and vacant space for an additional tenant, with space of 1185 Sq ft. Second floor currently configured as 5 offices, and office 2/3 as training rooms or a boardroom and foyer area as a welcoming reception area. The basement area has an additional 7 offices or retail space, all varying in size; 2 units are also rented by long-term tenants. All floors have washroom facilities A large public metered parking lot is located near the building, with metered street parking stalls in front. The Downtown area has new programs in place to help create more activity and enhance public shopping; as well there is a lot of new development in the area that is creating more consumer traffic. With its flexible C-1 Commercial zoning, the site accommodates a broad spectrum of business applications, from retail to professional offices. An excellent opportunity to purchase a downtown asset with a convenient location at an affordable price! The building is also available for lease. Other units varying in size are for lease; see MLS #: A2346340, MLS #: A2346334, MLS #: A2346325, MLS #: A2346314 , MLS#: A2346294 .
| Price History | |
|---|---|
| 9/18/2026 | Listed $879,900 |
General Features
| Zoning | C-1 |
|---|---|
| Restrictions | None Known |
| Year Built | 1960 |
| Property Subtype | Mixed Use |
| Transaction Type | For Sale |
| Building Type | Office Building |
| County | Red Deer |
| Property Type | Commercial |
| Subdivision Name | Downtown Red Deer |
| Status | Active |
| City | Red Deer |
| Structure Type | Low Rise (2-4 stories) |
| Standard Status | Active |
Interior Features
| Below Grade Finished Area Unit Type | SquareFeet |
|---|---|
| Building Area Total SF | 9750.00 |
| Building Area Total Metres | 905.80 |
| Main Level Areas | SquareFeet |
Exterior Features
| Inclusions | Nil |
|---|---|
| Building Area Total | 9750.00 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in T4N 3T2
Price
Year Built
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