Property Details

4606 48 Avenue
Red Deer (A2309145)

$374,900
741 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

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.

Property details

Basic Info

MLS® #
A2309145
Property Type:
Commercial
Subtype:
Mixed Use
Subdivision:
Downtown Red Deer
Price
$374,900
Sale/Lease:
For Sale
Size:
741 sq.ft.
Year Built:
1937 (89 years old)

Building Info

Structure Type:
Mixed Use
Garage:
No
Fence:
Basement:
No
Inclusions:
Dishwasher, Microwave, Washer & Dryer

Lot / Land Info

Lot Size:
0 acres
Lot Features:
City Lot, Landscaped, Street Lighting
Zoning:
C-1

Materials & Systems

Roof:
Asphalt Shingle
Heating:
Forced Air, Natural Gas
Cooling:
Central Air

Listing Info

Possession:
30 Days / Neg
Days on Market:
44
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Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

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