4811 48 Street, Red Deer, AB T4N1S6
4811 48 Street, Red Deer, AB T4N1S6
4811 48 Street, Red Deer, AB T4N1S6
13
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$729,900
Est. payment /mo
8,000 SqFt
Active

4811 48 Street Red Deer, AB T4N1S6

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Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 8000

Square Footage 8,000 sqft

Price per Sqft $91

Subdivision Downtown Red Deer

MLS® Listing ID A2334814

Year Built 1979

Lot Size 5,816 Sqft

Acres 5816.0

Property Sub-Type Freehold

Property 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 (id:24570)

Location

State AB

Rooms

Kitchen 0.0

Interior

Heating Forced air,

Cooling Fully air conditioned, See Remarks

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 7

Garage No

Private Pool No

Others

Ownership Freehold

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Satnam Sidhu

Satnam Sidhu

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4811 48 Street