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Development Opportunity for an Owner/User! Located in the heart of Downtown Red Deer within close proximity of Sorensen Station, City Hall and the newly built Justice Centre, this 14,385 SF building is available for sale. The building has two long-term Tenants, with two additional units available to lease out or use for your own business. The sale price includes two adjacent titled parking lots along 48th Street (0.32 acres combined), as well 7 titled parking lots along 47th Street (0.59 acres combined). This property offers excellent exposure to 49th Avenue, one of Red Deer's main thoroughfares, where thousands of cars pass by daily. The available units are also listed for lease.
- Neighborhood
- Type
- CountyRed Deer
- StatusActive
- Listing #A2189398
- Built1967
- Listed on site114 days
- Listing BrokerageRE/MAX Commercial Properties
Listed by:
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Last updated: 2025-05-20 10:55:43
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Property details
Community Features
- No HOA
Exterior features
- No Pool
Interior Features
- No Basement
Property History
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| May 20, 2025 | 3 days ago | Price decreased100,000 (7%) | $1,400,000 |
| May 6, 2025 | 17 days ago | Price decreased250,000 (14%) | $1,500,000 |
| Apr 1, 2025 | 2 mos ago | Price decreased50,000 (3%) | $1,750,000 |
| Jan 28, 2025 | 4 mos ago | New on market | $1,800,000 |
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