INVESTORS! This well-maintained 6-plex in the desirable Eastview subdivision (South Red Deer) is fully rented and situated on a large ~75 x 125 ft lot.
The property features a strong unit mix, including five 2-bedroom suites and one 1-bedroom suite. Each unit is separately metered, with tenants responsible for their own power.
The building exterior has been updated and showcases durable vinyl siding, vinyl windows, and a pitched asphalt shingle roof. Interior suites have seen varying levels of renovations over the years.
All units offer exterior access, with upper-level suites featuring private balconies. At the rear, you'll find a paved parking area with energized stalls and a seperate common laundry room, for tenant convenience.More details
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.More details
Urgent sale. Priced to sell at $550,000. Immediate possession available.
Well-located commercial property in Red Deer on a high-exposure corner lot, surrounded by established residential communities. Recently renovated with approximately $200,000 invested, offering a clean and functional space with strong upside potential.
The main floor can be divided into two separate units (previously configured as such), allowing for dual tenancy and diversified rental income. The basement provides additional space for storage or supplementary use.
Income potential with flexible layout (buyer to verify):
• $18 – $22 per sq.ft. (approx. $43,000 – $53,000/year)
• Additional income potential from basement use
• Potential cap rate in the 7% – 9% range
The sale includes real estate and equipment. Inventory is extra. Business is optional.
Property assessment value (2025): $522,200. Strong value – priced near assessed value.
Zoned C3 – Neighbourhood Convenience Commercial, allowing for a wide range of permitted uses including retail, convenience store, grocery, restaurant, café, personal services, and professional or office uses (subject to municipal approval).
Offering excellent potential for future redevelopment, site intensification, or repositioning. Ideal for investors, developers, or owner-users seeking long-term upside.
Sold “as-is, where-is.” Firm sale only – no conditions. Price is fixed.
Property Details:
• Building: 2,400 sqft
• Land: 16,553 sq.ft. (0.38 acre)
• Zoning: C3 – Neighbourhood Convenience Commercial
Please do not approach staff. All inquiries through listing agent.More details
Turn-key automotive shop, ready for service! This 1427 sq ft, single-overhead 12'x14' door w/ opener condo'd bay, located in Riverside Industrial. Featuring a main customer/counter space at the front, several common-area paved parking spots at the front, an exclusive fenced storage compound at the back, and more! A four-post and a two-post lift (tenants) are currently installed and might be able to be negotiated in the sale (with the tenant) along with other misc. equipment. Built in 1992 and in an. Excellent location in the Riverside Light district, within minutes from Gaetz Ave. and 67th Street, major arterial roads in Red Deer. Current tenancy ends in August 2026, but 60-day possession could be available. Radiant heat in the shop and forced air in the office make for a cozy and affordable option to do business out of. Additionally, there is approximately 500 SF of mezzanine space that's currently utilized for parts/storage or future office development if needed. Affordable condo fees of $292.01/month and taxes of $435.83/month, with all the amenities needed for your business to thrive in Riverside Industrial park, Red Deer Alberta!More details
Great opportunity for the savvy investor! This well-maintained building features six 2-bedroom suites. Live in one suite while generating income from the others, or rent out all six units for strong cash flow.
The roof was redone in 2010 with durable 2-ply torch-on roofing. Ideally located in an easily accessible neighborhood close to schools and just minutes from downtown, making for a convenient commute.
Numerous building and unit upgrades have been completed over the years, including a hot water tank (2023) and boiler (2025). A solid investment opportunity you won’t want to miss!More details
Located in Riverside Light Industrial Park, this 4,017 SF end unit is available for sale. The unit features a reception area and waiting room, a large showroom, multiple office/storage areas, a washroom, and a large shop with an overhead door. The yard is paved and gravel, fully fenced with one entrance, and shared with neighbouring businesses of the building. Paved parking is available directly in front of the unit. This central location offers excellent access to Gaetz Avenue North and South.More details
Discover a prime commercial condo located in the heart of downtown Red Deer. Centrally positioned this 2-storey unit provides excellent visibility and easy access for clients and staff. This unit features 1,904 sq ft on the ground floor and 713 sq ft on the second floor. The large reception area features a built-in desk and plenty of natural light to greet your clients. There are 2 large open areas, 6 separate office/storage spaces, a washroom and staff area on the main floor. Up top, is a washroom, laundry room with shower and 2 separate offices. Plenty of space to be reconfigured to accommodate your business’s unique needs. Come and view it today!More details
Turn-key Downtown Red Deer commercial condo, bay 2,359 ft², DC-28 zoning, fully refreshed in 2022. Bright second-floor space now laid out with a large open area, full wall of windows, 6 separate rooms/spaces, an open studio/showroom, kitchenette, washroom and a newly built reception area. Electrical rough-ins make it easy to subdivide into up to five private rooms. Recent upgrade includes a $12 k rooftop HVAC unit and modern flooring/fixtures. Super low condo fees work out cheaper than most downtown area leases. DC-28 zoning welcomes medical/wellness, salon & esthetics, boutique retail, professional office or training uses. Quick possession available. Call for more information.More details
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 Railyards
Rare 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.More details
Turnkey restaurant opportunity located in one of downtown Red Deer’s most prestigious professional buildings. Jumble Eats is a modern, fully equipped restaurant ideally positioned on the main floor of Stantec Executive Place, offering strong visibility and consistent daytime traffic within the downtown core. This fully built-out premises features extensive leasehold improvements and significant operational infrastructure already in place. The thoughtfully designed layout includes a large commercial kitchen, walk-in cooler and freezer, dedicated keg and beverage storage room, centralized servery, multiple customer washrooms, and abundant back-of-house storage areas supporting efficient high-volume operations. Multiple flexible commercial dining areas allow for a variety of service concepts including casual dining, catering operations, private events, or expanded delivery-focused models. Existing infrastructure significantly reduces startup costs and timelines for incoming operators, allowing for immediate operational readiness. An optional patio accommodating approximately 40 guests provides additional seasonal seating opportunities, while established Uber Eats, DoorDash, and SkipTheDishes accounts offer diversified revenue streams through consistent online ordering. An excellent opportunity for an owner-operator or investor seeking a well-located, move-in-ready food service business within Red Deer’s downtown core.More details
Great location! Centrally located beside the Central Alberta Realtor's Association, the fire hall, and across from a busy mall and Fresco, this is a great spot for your business. The building has 4 offices, 2 washrooms, a waiting area with lots of windows, a reception area, and a partially developed basement. There are 10 parking spaces to the side and rear, of which 6 are rented at $360 a month . The property is in very good condition and is perfect for a chiropractor, accountant, lawyer, retail, salon, restaurant, and more. Zoned C-1. Furnace and air ducts serviced in 2024. Sewer Lines cleaned also in 2024.More details
Data was last updated May 5, 2026 at 10:05 AM (UTC)
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