Property Details

4811 48 Street
Red Deer (A2334814)

$729,900
8,000 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

This two storey walk up stand alone building (slab on grade) is conveniently located directly across from Red Deer’s new Courthouse/Justice Centre and the Red Deer Transit Station hub. There are extensive developments on both floors- Main floor 14 offices and one boardroom; Second floor potential of 10 offices ( currently configured as 5 offices and 3 training rooms plus a boardroom). The building has historically been office use however main floor could be converted to a retail space. Second floor has separate entry and exits on the west side of the building; potential to be rented out as one or two units. Parking- surface parking at the rear of the building up to 7 vehicles ( 2 stalls are tandem); metered parking in front with multiple public and private offsite parking options all within 300 Feet of the building. Owners recently modernized/renovated the front of the building (2025) An excellent opportunity to purchase a downtown asset with a convenient location at an affordable price! Building is also available for lease; see MLS A2303514

Property details

Basic Info

MLS® #
A2334814
Property Type:
Commercial
Subtype:
Office
Subdivision:
Downtown Red Deer
Price
$729,900
Sale/Lease:
For Sale
Size:
8,000 sq.ft.
Year Built:
1979 (47 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Building Name:
Peterson Building
Garage:
No
Fence:
Basement:
No
Inclusions:
all blinds and window coverings currently on property

Lot / Land Info

Lot Size:
0 acres
Zoning:
C-1

Materials & Systems

Roof:
Fiberglass, See Remarks
Foundation:
Slab
Heating:
Forced Air, Natural Gas
Cooling:
Full, Other

Listing Info

Possession:
Immediate
Days on Market:
52
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

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