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
Well maintained 8 suite walk-up apartment building in a quiet downtown Red Deer neighborhood. Large two bedroom suites. Most windows have been replaced and some patio doors. Several suites have had recent upgrades and decks are in good condition. 100% occupancy.More details
Investment Property! This well-located industrial condo in Riverside Light Industrial Park offers an excellent opportunity for investors, with an active Lease in place to CPP Environmental, an established environmental services company, until April 30, 2029. It would make a solid addition to an existing portfolio, or presents an attractive option to enter into the commercial investment market. Along with strong exposure and functional interior design, the property itself benefits from prominent drive-by visibility, a healthy reserve fund balance and a variety of amenities. The front area features a spacious reception area with built-in counter, creating a welcoming environment ideal for businesses with a customer-facing component, as well as a single office with window, and one washroom. The shop area is equipped with a workbench area, a powered 12' x 14' overhead door, and large room with kitchenette, which can be utilized as a lunchroom or boardroom. The second floor, which is bonus space to the Tenant (not included in the rentable square footage), has both a developed side of approx 450sf (not including stairwell) with three windowed offices, plus a large L-shaped storage mezzanine with storage room, providing extensive usable areas and maximizing functionality within the unit. Office areas are air conditioned. The property also includes access to a shared common yard, complete with a secure fenced compound with rolling gate, and an approx 26' x 24' powered garage for additional storage. The yard is paved, offering durability and ease of use for a variety of industrial applications. This is a well-rounded asset combining a revenue stream, functionality, and secure outdoor space—ideal for both investors and owner users alike. The Lease is based on a rentable size of 2,000sf, which is the footprint only. The registered condo size is 1,929sf.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. 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
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
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
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 April 17, 2026 at 12:05 PM (UTC)
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