2650 55 Street , Red Deer   ||   $4,750,000

DETAILS

MLS® NUMBER A2299292
BUILDING TYPE Mixed Use
PROPERTY CLASS Commercial
BASEMENT None
GARAGE No
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.
Listing Brokerage: Century 21 Bravo Realty

MAP

Listing data is deemed reliable but is not guaranteed accurate by CREB®. Last updated: today at 3:00 a.m.

© 2026 CENTURY 21 Real Estate Foothills. CENTURY 21® is a registered trademark licensed to Century 21 Real Estate LLC. Equal Housing Opportunity. Each office is independently owned and operated.

Find Real Estate Foothills on Facebook Find Real Estate Foothills on Twitter