$389,900Est. $1,707/mo
5101 50 Avenue
Downtown, Red Deer
11,897 sq ft
Listing Courtesy Of Century 21 Advantage
Commercial
Corridor Real Estatecorridorrealestate.ca
4811 48 Street
Downtown, Red Deer, AB
$699,000
8,000 Sq Ft · Detached · Built 1979
This two story walk up stand alone building (slab on grade) is conveniently located directly across from Red Deer’s new Courthouse/Justice Centre and the Red Deer Transit Station hub. There are extensive developments on both floors- Main floor 14 offices and one boardroom; Second floor potential of 10 offices ( currently configured as 5 offices and 3 training rooms plus a boardroom). The building has historically been office use however main floor could be converted to a retail space. Second floor has separate entry and exits on the west side of the building; potential to be rented out as one or two units. Parking- surface parking at the rear of the building up to 7 vehicles ( 2 stalls are tandem); metered parking in front with multiple public and private offsite parking options all within 300 Feet of the building. Owners recently modernized/renovated the front of the building (2025)An excellent opportunity to purchase a downtown asset with a convenient location at an affordable price! Building is also available for lease; see MLS A2303514 (id:67953)
- MLS® Number
- A2334814
- Parking
- 7
- Lot
- 5816 sqft
- Year Built
- 1979
- Days On Market
- 99
MLS® A2334814 · Listing Courtesy Of Keith Acheson, Century 21 Maximum. Corridor Real Estate is not the listing brokerage. Information deemed reliable but not guaranteed. REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
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4811 48 Street
Red Deer, AB
- 8,000
- Sq Ft
- Commercial
- Type
Built 1979 · 5816 sqft
$351,000 above the Downtown benchmark of $348,000
About This Home
This two story walk up stand alone building (slab on grade) is conveniently located directly across from Red Deer’s new Courthouse/Justice Centre and the Red Deer Transit Station hub. There are extensive developments on both floors- Main floor 14 offices and one boardroom; Second floor potential of 10 offices ( currently configured as 5 offices and 3 training rooms plus a boardroom). The building has historically been office use however main floor could be converted to a retail space. Second floor has separate entry and exits on the west side of the building; potential to be rented out as one or two units. Parking- surface parking at the rear of the building up to 7 vehicles ( 2 stalls are tandem); metered parking in front with multiple public and private offsite parking options all within 300 Feet of the building. Owners recently modernized/renovated the front of the building (2025)An excellent opportunity to purchase a downtown asset with a convenient location at an affordable price! Building is also available for lease; see MLS A2303514 (id:67953)
Property Details
- MLS® Number
- A2334814
- Parking
- 7
- Lot
- 5816 sqft
- Year Built
- 1979
- Days On Market
- 99
Features
- Cooling: Fully air conditioned, See Remarks
- Heating: Forced air
From Above
The Neighbourhood
Living In Downtown
ExploreCentral Red Deer living close to shops, cafés and services.
Benchmark home price$348,000
Average days on market41 Days
Active homes for sale17
Year-over-year change+6%
For Families
Schools Near This Home
- Lindsay Thurber Comprehensive High
- Hunting Hills High School
- École Notre Dame High
- Red Deer Polytechnic
These are the schools serving Red Deer. Catchments shift now and then, so it's worth a quick check with the school division for this exact address.
Listing Courtesy Of
Century 21 Maximum
Keith Acheson
MLS® A2334814 · 99 Days On Market
Listing information is provided by the listing brokerage and is deemed reliable but not guaranteed. Corridor Real Estate is not the listing brokerage. Listing data on this site is provided through CREA's DDF® by Cooper Jones, REALTOR®, Coldwell Banker OnTrack Realty, a member of The Canadian Real Estate Association, who is responsible for this website's listing content. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. REALTOR.ca Canada Inc. reproduces and distributes this information as a service for its members and neither CREA nor REALTOR.ca Canada Inc. assumes responsibility for its accuracy. REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Terms Of Use
$699,000
Est. $3,061/mo
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