Property Details

2650 55 Street
Red Deer (A2299292)

$4,750,000
4,080 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Opportunities like this are rare—just under 3 acre acreage property located right within the City of Red Deer offering space, privacy, and exceptional future potential. Positioned just off Highway 11, this property benefits from excellent exposure and accessibility while still providing a private, established setting. Set on a generously sized parcel, the property features a large existing home surrounded by mature landscaping, creating a peaceful environment with the convenience of surrounding city amenities. What truly sets this property apart is its subdivision into two separate lots, opening the door to a wide range of possibilities. Whether you’re looking to hold as an investment, redevelop, or explore multi unit opportunities, the potential here is substantial. With the possibility for rezoning (subject to city approval), this site could accommodate additional residential development, townhomes, a gated community concept, or even select commercial uses such as a strip style retail development. The combination of location, land size, and flexibility makes this an attractive option for builders, developers, and investors alike. Properties offering this level of versatility within city limits are increasingly hard to find. A rare opportunity to secure a high visibility parcel with both immediate use and long term upside.

Property details

Basic Info

MLS® #
A2299292
Property Type:
Commercial
Subtype:
Mixed Use
Subdivision:
NONE
Price
$4,750,000
Sale/Lease:
For Sale
Size:
4,080 sq.ft.

Building Info

Structure Type:
None
Garage:
No
Fence:
Basement:
No
Inclusions:
Fridge, Stove Microwave Hood Fan, All Window Coverings, Garage Door Opener with Remotes

Lot / Land Info

Lot Size:
3 acres
Sewer:
Septic Tank
Zoning:
A-1

Listing Info

Possession:
90 Days / Neg
Days on Market:
21
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

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