4811 48 Street , Red Deer   ||   $729,900

DETAILS

MLS® NUMBER A2334814
BUILDING TYPE Office
PROPERTY CLASS Commercial
YEAR BUILT 1979
BASEMENT None
GARAGE No
TOTAL PARKING 7
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


Listing Brokerage: Century 21 Maximum

MAP

Listing data is deemed reliable but is not guaranteed accurate by CREB®. Last updated: today at 1:00 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