$450,000
FOR SALE

Commercial/Retail

4919 48 Street
Red Deer, AB T4N 1S8

This property offers an excellent opportunity for owner-occupiers in the downtown core. It is conveniently located within walking distance to all central amenities and businesses, with three parking stalls situated at the rear of the building. The main floor is leased through 2027 and features multiple office spaces, including three private offices, a boardroom (which may serve as a fourth office), a reception area, work room, open workspace, and storage room. Additional amenities include a dedicated furnace, air conditioning, double doors for unloading, and a private washroom.The second floor contains its own separate entrance and provides two distinct office suites. Each suite features two offices, spacious reception and work areas, and two bathrooms; one suite also includes a kitchenette. The second floor may be leased in part or in its entirety. This arrangement is ideal for investors who wish to utilize the second floor while earning income from the main floor lease. (id:47421)
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Listed By Royal LePage Lifestyles Realty
Data Provided By Central Alberta REALTORS® Association
MLS® Listing Number A2285402
Last Updated Feb 17, 2026
Property Summary
Property Type Commercial/Retail

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Community Downtown Red Deer
Price History

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Detailed Information
Lease Type Gross Escalating
Listing Contract Date 2026-02-11
Municipal ID 0010181717
Plan K
Property Type Other
Transaction Type For sale
Zoning Description C1
Building
Constructed Date 1978
Size (Exterior) 4990 square feet
Total Finished Area 4990 sqft
Type Commercial Mix
Land
Total Size 2888 square feet
Size of Irregular Land 2888.00

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