Turn-key, profitable fast-casual food business available now, This non-franchise opportunity allows you full control to run the business your way and take it to the next level. The kitchen is fully upgraded with a brand-new Panini grill (2025), new fryer (2025), upgraded plumbing fixtures, and a well-maintained grease trap, offering true peace of mind with minimal maintenance concerns. The business is running smoothly and profitably, supported by well-trained staff and strong customer ratings, specializing in popular donairs and fast food. There is significant growth potential through catering, with existing catering clients already in place and room to expand further, along with strong performance on SkipTheDishes and Uber Eats. Located in a highly visible, high-traffic location on one of Red Deer’s busiest streets, near Red Deer Casino and Resort, this spot offers excellent exposure and steady foot traffic. Enjoy the flexibility to make menu changes as you see fit, without franchise restrictions. Whether you are entering into business for the first time or looking to add another profitable location to your portfolio, this represents an excellent opportunity. Monthly total rent is $3,554( includes Base and Additional) plus utilities and GST.More details
Now offering For Sale an Iconic 5450 sqft end unit building in downtown Red Deer, AB. This building has had some extensive renovations over the past few years. Upgraded electrical, plumbing, heating and sprinkler system. The building is currently set up as a boutique / cafe / night club for music venues, comedy and various entertainment. Comes equipped with a kitchen, entertainment stage, sound booth, eat up bar, tables and chairs. Employee lounging area is located on the upper level and features an outdoor patio. The main level has custom 2 tiered seating area, coat check and updated customer washrooms. Plenty of parking available with metered street parking and a large metered parking lot across the road. Also available "For Lease" under MLS# A2279511More details
Located in downtown Red Deer, this private parking lot spans three city lots (75’ x 128’) and offers approximately 28 parking stalls in a central, easily accessible location. The site includes a garage structure (equivalent to double bay garage) utilized for storage, which occupies three parking stalls and provides practical additional storage space. Garage structure will be removed at the end of current lease unless required for new tenant.
This property is well suited for businesses or users seeking dedicated, off-street parking for staff or operational needs, offering a convenient and controlled alternative to public parking options. Its downtown location provides easy access to nearby offices, government buildings, and core amenities.
This property is zoned C1 - City Center Commercial and could be developed for a variety of usages such as Apartment, Business Support Services, Mixed Use Building, Day Care Facility Commercial Entertainment Facility, Health and Medical Services, various retail businesses such as Liquor Store, Microbrewery, Restaurant, etc. Also listed for lease MLS A2279007More details
Positioned on one of Red Deer’s busiest corridors—49th Avenue—this property offers a premium, high-visibility location with exceptional access to key downtown amenities, including City Hall, the Provincial Building, the Court House, and the library. Includes a 26-stall parking lot directly adjacent to the rear of building. The attractive two-story office building totals 4994 sq ft on each floor and sits on a 100' x 128' corner lot. Built in 1980, it has been continuously occupied by a law firm since construction. The main floor features a welcoming reception and waiting area, a boardroom, signing room, photocopy room, two washrooms, a storage room, and seven offices. The second floor includes an additional signing room, photocopy room, library, kitchen, multiple storage rooms, and nine offices. The building has been well maintained over the years and underwent significant exterior upgrades, including new siding, a roof replacement in 2016, and new windows and doors in 2022—enhancing its overall curb appeal. Metered street parking is available along 53rd Street. This building and parking lot are also available for lease under MLS 2278984. Also, a satellite staff parking lot (3 lots) is available separately for sale MLS 2278994 and for lease MLS A2279007 located half a block east (28 stalls plus storage shed).More details
4 storey walk-up apartment building in downtown Red Deer. 16 - 2 br suites and 24 - 1 br suites. Suites are spacious with galley kitchens, 4 pce bath, generous bedrooms, storage room and balcony (top 3 floors). Approximately 25% of the suites have been renovated. 2 laundry rooms with 2 coin operated washers and dryers in each. Roof is torch-on asphalt. 56 energized parking stalls. This building is one of four buildings offered by the same owner and can be purchased individually or as a package. The other buildings are located at 5011 - 39 St (18 suites), 4744 - 54 St (24 suites) and 4721 - 55 St (40 suites).More details
Well maintained 24 suite, 4 storey walk-up apartment on a quiet street in downtown with 16 - 1 bedroom and 8 - 2 bedroom suites. Suites are spacious and offer large kitchens, 4 pce bath, generous bedrooms, storage room and balcony (top 3 floors). Several suites have been upgraded in recent years and some windows have been replaced. Fully occupied.. 4 laundry rooms with 1 coin operated washer and dryer in each. 30 energized parking stalls. Roof is asphalt shingles. This building is one of four buildings offered by the same owner and can be purchased individually or as a package. The other buildings are located at 5011 - 39 St (18 suites), 4920 - 47 St (24 suites) and 4721 - 55 St (40 suites).More details
18,000 sq ft mixed-use building located on the high-visibility corner of Gaetz Avenue and 49 Street in the heart of Downtown Red Deer. The property features a basement plus three above-grade floors, each offering 4,500 sq ft connected by an elevator servicing all levels, including the lower floor.
The main floor is currently home to a jewelry store and a clothing boutique. There are two spaces in the lower level, one occupied by Primeamerica and the other is vacant. The second, and third floors are fully built out for professional office use, with only one vacancy.
Just one block from the popular Ross Street Patio, the building enjoys proximity to the downtown’s entertainment hub. The location is also adjacent to the weekly market on Gaetz Avenue, which brings a steady stream of local shoppers, artisans, and visitors. The building is heated by 4 forced air furnaces (two are new). Air conditioning is supplied from separate units for each space. Some A/C units are at the back of the building and some are on the roof.More details
18 suite apartment building adjacent to the Red Deer Regional Hospital which is currently undergoing a $1 billion expansion that will provide 3,000 direct jobs. Suite mix is 3 - 2br, 14 1br and 1 bachelor (which has just become vacant and is being renovated). New shingles and exterior concrete work completed in 2025. Some new windows. Newer boiler and hot water tank. RPR has been ordered. This building is one of four buildings offered by the same owner and can be purchased individually or as a package. The other buildings are located at 4920-47 St (24 suites), 4744 - 54 St (24 suites) and 4721 - 55 St (40 suites).More details
Downtown Red Deer apartment building. 24, large 1 bedroom suites. New membrane roof in 2025. Some new windows. Newer boiler and hot water tank. RPR has been ordered. This building is one of four buildings offered by the same owner and can be purchased individually or as a package. The other buildings are located at 5011 - 39 St (18 suites), 4744 - 54 St (24 suites) and 4721 - 55 St (40 suites).More details
Red Deer Park Hill Inn & Suites is an 86-room, four-storey limited-service hotel on 1.78 acres along Gaetz Avenue. The building was originally completed in2005 as a Ramada but converted in 2011 into a Super 8 till 2024. Recently new owner upgraded throughout, the property offers strong brand-conversion potential (Sure stay Best Western brand, Ramada, Quality Inn and Super 8) and generated $1.73M in 2025 revenue. Its central location provides steady demand from highway traffic, industrial activity, and regional tourism. Future performance is expected to strengthen significantly with the Red Deer Regional Hospital Redevelopment and the expanding Red Deer Airport, both driving long-term increases in workers, medical travelers, and visitor traffic—positioning the hotel for higher occupancy and ADR growth.
Renovation: carpet, painting ,new 55” TV, new door lock, new mattress, micro waive and washer & dryer etc .More details
Excellent investment opportunity located in the heart of downtown Red Deer. This well maintained 9,452 SF building is available for sale. The building includes 6 main floor commercial units - 5 that are leased to long term tenants and 1 that is currently vacant and available for lease. All of these units have large windows along the front that bring in plenty of natural light. There is a shared hallway accessible from the back of the units that includes a shared washroom for the main floor tenants, and access to the second floor. The second floor has 2 additional units that have the potential to be converted to residential for additional income generation in the future. Parking on site is limited to availability for clients and customers of the tenants only, with ample public parking options in the nearby area. This property offers excellent visibility from Gaetz Avenue Southbound where thousands of cars pass by daily.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. Recently used as a dentist office, 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
Data was last updated February 5, 2026 at 02:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.