FOR SALE – 2-Story Downtown Commercial/Residential Mix

4921 - 48 Street - Red Deer, Alberta

This is a great opportunity to own or lease a MIXED USE Commercial Building, in a VERY prime location.

Perfect for Investors or OWNER-USERS.

Located within the Downtown Core and near Major Arterial Roads makes this a desirable choice for tenants.

Historically operated as a retail unit, this space boasts large street facing windows with ample natural light and pedestrian exposure.

Main floor has high ceilings, sound room/office space, 2-piece washroom, and extra storage area.Additional storage also located in the basement. The second floor is developed with Three Residential Apartment Suites comprising two 1-bedroom units and one 2-bedroom unit. Located at the southern end of the second floor are three private storage rooms and a roof-top terrace. Three Apartments on the 2nd floor are fully rented with long term tenants. Additional parking allocated to the unit is available in rear.


*** Please note that the sellers are Licensed Realtors in the Province of Alberta ***

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  • Price:$459,000.00
  • Listing Type:Sale - Building
  • Property Type:Retail
  • Listing #: LLDM-CA0143757-17272
  • Zoned for:C-1 Commercial (City Centre District)
  • Community: Red Deer
  • Neighbourhood: Downtown Red Deer
  • Legal Description: Lot 14, Block 20, Plan K
  • Available Space: 4742 sq ft

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