4811 48 Street, Red Deer

$729,900

4811 48 Street, Red Deer — photo 14811 48 Street, Red Deer — photo 24811 48 Street, Red Deer — photo 34811 48 Street, Red Deer — photo 44811 48 Street, Red Deer — photo 54811 48 Street, Red Deer — photo 64811 48 Street, Red Deer — photo 74811 48 Street, Red Deer — photo 84811 48 Street, Red Deer — photo 9

About this property

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 (id:66939)

Property details

Price
$729,900
Living area
8,000 square feet
Lot size
5816 square feet
Parking
7
Year built
1979
Property type
Office
MLS® number
A2334814

Location

Map showing the location of 4811 48 Street, Red Deer

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Listing courtesy of Century 21 Maximum. Source board: Central Alberta REALTORS® Association.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.