4917 48 St, Red Deer, AB

Name: 4917 48 St, For Sale in Red Deer - Zoocasa
Brand: RE/MAX real estate central alberta
SKU: A2302911
Price: 595000 CAD

House

For Sale

Listed price in listed location currency (CAD).

$595,000

000

MLS® A2302911

Overview

Key Facts

Type Office

Levels Commercial Sale

Size -

Garage

Taxes

Days Active 2

Lot Size

Approx. Age 1978

MLS® Number A2302911

Property Address: 4917 48 St, Red Deer, AB, T4N1S8

Average square foot calculated using Size range provided by listing agent.

Description

Well-located in the heart of downtown Red Deer, this 21, 400 sq. ft. four-storey office and retail building offers excellent flexibility and upside potential. The main floor provides strong retail exposure, with additional office/retail space in the lower level and on the upper floors, suitable for a wide range of tenants or owner-users. Each floor includes men’s and ladies’ washrooms along with its own furnace room with forced air heating. The building is also supported by rooftop A/C and a durable tar and gravel roof system. Several spaces are ready for immediate occupancy, while others offer value-add potential through upgrades. The owner has invested approximately $140, 000 in front windows and facade, air conditioning, elevator and security in the last few years. A key feature is the adjacent vacant lot, available for purchase from the City of Red Deer, with the potential for approximately 30 parking stalls. This could also create the opportunity to add windows along that side of the building, enhancing natural light and overall tenant appeal. An excellent opportunity to acquire a downtown asset with both income potential and room for improvement.

MLS® NumberA2302911

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1978

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 22, 2026List Date

$595,000List Price

Map

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