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5114 48 Street in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2320511
5114 48 Street Red Deer T4N 1T2 
$1,200,000Commercial- Status:
- Active
- MLS® Num:
- A2320511
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# A2320515 More detailsListed by Royal LePage Network Realty Corp.- PATRICK GALESLOOT
- CENTURY 21 ADVANTAGE
- 1 (403) 3460021
- Contact by Email
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4919 48 Street in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2319889
4919 48 Street Red Deer T4N 1S8
$329,900Commercial- Status:
- Active
- MLS® Num:
- A2319889
- Build. Type:
- Commercial Mix
Priced Substantially below assessed value. At this price business just makes sense. This property offers an excellent opportunity for owner-occupiers in the downtown core. It is conveniently located within walking distance to all central amenities and businesses, with three parking stalls situated at the rear of the building. The main floor is leased through to July 2027 and features multiple office spaces, including three private offices, a boardroom (which may serve as a fourth office), a reception area, work room, open workspace, and storage room. Additional amenities include a dedicated furnace, air conditioning, double doors for unloading, and a private washroom. The second floor contains its own separate entrance and provides two distinct office suites. Each suite features two offices, spacious reception and work areas, and two bathrooms; one suite also includes a kitchenette. The second floor may be leased (MLS # A2285825) in part or in its entirety. This arrangement is ideal for investors who wish to utilize the second floor while earning income from the main floor lease. More detailsListed by Royal LePage Lifestyles Realty- PATRICK GALESLOOT
- CENTURY 21 ADVANTAGE
- 1 (403) 3460021
- Contact by Email
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4746 55 Street in Red Deer: Downtown Red Deer Multi Family for sale : MLS®# A2312434
4746 55 Street Red Deer T4N 2J1
$3,500,000Commercial- Status:
- Active
- MLS® Num:
- A2312434
- Build. Type:
- Low Rise (2-4 stories)
Excellent opportunity to acquire a well-maintained 24-unit apartment complex offering strong in-place income with upside potential. The property consists of 6 two-bedroom units, 14 one-bedroom units, and 4 bachelor suites — each individually metered for electricity. Capital improvements include a new roof (2018) and a new boiler heating system (2025). Many suites have updated flooring and appliances, and the property has been diligently cared for with consistent maintenance, paint and cleaning. The building features 24 surface parking stalls, each with electrical outlets. Conveniently located near the river, public transit, schools, and shopping, this property appeals to a broad tenant base. With solid current cash flow and market rent growth potential, this is a turnkey investment with additional opportunity for value-add repositioning. More detailsListed by Real Broker- PATRICK GALESLOOT
- CENTURY 21 ADVANTAGE
- 1 (403) 3460021
- Contact by Email
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Red Deer Office Building for Sale | 4606 48 Ave
4606 48 Avenue Red Deer T4N 3S9
$374,900Commercial- Status:
- Active
- MLS® Num:
- A2309145
Turnkey professional office opportunity in Downtown Red Deer. Positioned on a high exposure lot along 48 Avenue, this extensively renovated C-1 zoned commercial property offers an excellent opportunity for investors, owner-users, or professionals seeking a standalone office/clinic space with on-site parking and strong curb appeal. The property has been thoughtfully configured for health, wellness, counselling, medical, massage, acupuncture, esthetics, or other professional office uses. The main floor features approximately 695 sq. ft. above grade with a welcoming reception and waiting area, two spacious treatment/offices, staff/admin workspace, washroom with shower, and a functional kitchenette/staff area. Large windows and multiple skylights create a bright and inviting atmosphere throughout the space. The unfinished basement provides excellent storage, utility, and future development potential. Originally renovated in 2008 with several office improvements, updates reportedly included windows, doors, plumbing, heating, and interior office conversion. The layout is efficient and professional, allowing for multiple practitioners, private offices, or a reception-based business model. Situated on a 3,909 sq. ft. lot with rear parking (5 or 6 stalls) and convenient access, the property benefits from excellent visibility in the Downtown Red Deer corridor. C-1 zoning supports a wide range of commercial and mixed-use possibilities, making this an attractive long-term hold or owner-occupier investment. Property details indicate approximately 741 sq. ft. above grade and C-1 land use zoning. A rare opportunity to acquire an affordable standalone commercial building with parking, exposure, and flexible use potential in Central Red Deer. The operating business currently occupying the premises may be available separately from the real estate. More detailsListed by Century 21 Advantage- PATRICK GALESLOOT
- CENTURY 21 ADVANTAGE
- 1 (403) 3460021
- Contact by Email
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2 & 3 4768 Riverside Drive in Red Deer: Riverside Light Industrial Park Mixed Use for sale : MLS®# A2308138
2 & 3 4768 Riverside Drive Red Deer T4P 2N7
$750,000Commercial- Status:
- Active
- MLS® Num:
- A2308138
Excellent investment opportunity! Located in Riverside Light Industrial Park, two condo units totaling 4,755 SF are available for sale. Unit 2 is 2,400 SF and is currently leased to Kensei Gym. Unit 3 is 2,355 SF and is currently leased to Nyman's Artmarks. The building sits on 0.51 acres and there is a fully fenced, shared yard behind the building with ample paved parking available directly in front. The property is centrally located with quick access to Gaetz Avenue and 67th Street. These units can be purchased together, or the entire building can be purchased as a whole offering investment or owner/user options. More detailsListed by RE/MAX Commercial Properties- PATRICK GALESLOOT
- CENTURY 21 ADVANTAGE
- 1 (403) 3460021
- Contact by Email
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1-3 4768 Riverside Drive in Red Deer: Riverside Light Industrial Park Mixed Use for sale : MLS®# A2308129
1-3 4768 Riverside Drive Red Deer T4P 2N7
$1,325,000Commercial- Status:
- Active
- MLS® Num:
- A2308129
Excellent owner/user investment opportunity! Located in Riverside Light Industrial Park, this 8,955 SF multi-unit industrial/commercial mix building, on 0.51 acres, is available for sale. A purchaser can occupy a portion of the building while benefitting from existing rental income from established tenants. There are three units in the building. Unit 1 is 4,200 SF and is currently the home of a printing business who will vacate upon completion of a sale. Unit 2 is 2,400 SF and is currently leased to Kensei Gym. Unit 3 is 2,355 SF and is currently leased to Nyman's Artmarks. There is a fully fenced, shared yard behind the building and ample paved parking available directly in front. The property is centrally located with quick access to Gaetz Avenue and 67th Street. More detailsListed by RE/MAX Commercial Properties- PATRICK GALESLOOT
- CENTURY 21 ADVANTAGE
- 1 (403) 3460021
- Contact by Email
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3832 47 Street in Red Deer: Eastview Multi Family for sale : MLS®# A2304392
3832 47 Street Red Deer T4N 1N7
$890,000Commercial- Status:
- Active
- MLS® Num:
- A2304392
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 detailsListed by CIR Realty- PATRICK GALESLOOT
- CENTURY 21 ADVANTAGE
- 1 (403) 3460021
- Contact by Email
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4917 48 Street in Red Deer: Downtown Red Deer Office for sale : MLS®# A2302911
4917 48 Street Red Deer T4N 1S8
$595,000Commercial- Status:
- Active
- MLS® Num:
- A2302911
- Build. Type:
- Office Building
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 detailsListed by RE/MAX real estate central alberta- PATRICK GALESLOOT
- CENTURY 21 ADVANTAGE
- 1 (403) 3460021
- Contact by Email
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5 4608 62 Street in Red Deer: Riverside Light Industrial Park Industrial for sale : MLS®# A2300996
5 4608 62 Street Red Deer T4N 6T3
$275,000Commercial- Status:
- Active
- MLS® Num:
- A2300996
- Build. Type:
- Commercial Mix
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 detailsListed by Century 21 Advantage- PATRICK GALESLOOT
- CENTURY 21 ADVANTAGE
- 1 (403) 3460021
- Contact by Email
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1 4768 Riverside Drive in Red Deer: Riverside Light Industrial Park Mixed Use for sale : MLS®# A2294685
1 4768 Riverside Drive Red Deer T4N 2N7
$575,000Commercial- Status:
- Active
- MLS® Num:
- A2294685
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. The property is also available for lease. More detailsListed by RE/MAX Commercial Properties- PATRICK GALESLOOT
- CENTURY 21 ADVANTAGE
- 1 (403) 3460021
- Contact by Email
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1 5116 52 Street in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2292591
1 5116 52 Street Red Deer T4N 6Y4
$449,900Commercial- Status:
- Active
- MLS® Num:
- A2292591
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 detailsListed by RE/MAX real estate central alberta- PATRICK GALESLOOT
- CENTURY 21 ADVANTAGE
- 1 (403) 3460021
- Contact by Email
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1 5108 52 Street in Red Deer: Downtown Red Deer Office for sale : MLS®# A2292583
1 5108 52 Street Red Deer T4N 6Y4
$214,900Commercial- Status:
- Active
- MLS® Num:
- A2292583
Turn-key 1,119 SF clinic/office condo in the Railyards/Downtown corridor. High-end finish: reception, 3 offices and boardroom, barrier-free washroom, millwork/glazing, LED, data cabling & zoned HVAC. Street-front signage + on-site parking. Steps to Gaetz Ave, Superstore; minutes to hospital & civic buildings. DC-28 zoning suits professional/medical/wellness uses. More detailsListed by Century 21 Maximum- PATRICK GALESLOOT
- CENTURY 21 ADVANTAGE
- 1 (403) 3460021
- Contact by Email
Data was last updated June 12, 2026 at 10:05 PM (UTC)
Advantage Commercial
Office Address:
#203, 4807 - 50 AVE
Red Deer, AB, T4N 4A5