$625,000
FOR SALE

Business for Sale

4948 54th Avenue
Red Deer, AB T4N 5K8

Land and building for sale with optional Wallah signs business for sale. Inquire for more details. 0.48 Acres – Industrial Property with Redevelopment Potential in Red Deer RailyardsRare opportunity to acquire 0.48 acres of flat land with a 5,800 sq. ft. industrial building in the rapidly evolving Railyards district in the core of Red Deer. This property offers excellent potential for owner-users, investors, or future redevelopment as the City advances plans for medium- to high-density development in the area.The 5,800 sq. ft. warehouse and office building features a new roof, two operational manual cranes, and approximately 600 sq. ft. of additional usable second-floor storage, providing practical functionality for industrial, fabrication, or light manufacturing uses.The property is currently home to Wallah Signs, offering the opportunity to operate a cash-flowing business while holding the real estate for future redevelopment potential.Bring your ideas—continue operating the existing business, reposition the building, or hold the property as the surrounding Railyards community continues to develop.Opportunities like this in the core of Red Deer are increasingly rare. (id:47421)
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Listed By CIR Realty
Data Provided By Calgary Real Estate Board
MLS® Listing Number A2290907
Last Updated Apr 28, 2026
Property Summary
Property Type Business For Sale

More like this:
Franchise Non-Franchise
Community Railyards
Price History

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Detailed Information
Listing Contract Date 2026-03-04
Municipal ID 0026690792
Ownership Type Freehold
# of Parking Spaces 25
Plan 9621292
Property Type Business
Transaction Type For sale
Zoning Description DC(28)
Building
Constructed Date 1962
Size (Exterior) 5870 square feet
Total Finished Area 5870 sqft
Land
Total Size Unknown

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