FOR SALE – 2-Story 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. All looks were recently changed and installed by as a security measure and you will be receiving three key copies per lock. 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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New Listing

  • 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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