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A rare opportunity to acquire a three-parcel commercial land assembly positioned in Red Deers Capstone District along 43 Street. This offering includes 5506, 5414, and 5420 43 Street, combining for a total building area of approximately 14, 736 sq. ft. situated on a 5, 086.02 sq. m. site. The properties contain four commercial buildings with three tenants in place, creating immediate holding income while a purchaser advances redevelopment plans. The site lies within the CAP-TD (Capstone Transit Oriented Development) district, where the City has identified strong interest in facilitating a commercial mixed-use, multi-tenant redevelopment. CAP-TD zoning supports higher-density, market-driven development forms including street-level commercial, office, multi-storey residential, hospitality, and flexible mixed-use options, aligning with Capstones long-term riverfront vision. The assembly enjoys excellent access, strong visibility, and is located just a few blocks from the Red Deer Regional Hospital, a major regional anchor and employment hub. With its positioning near the downtown core, trail system, and ongoing municipal investment in the Capstone area, this land assembly offers both current income and significant future redevelopment potential in one of Red Deers most actively supported urban districts.
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Red Deer, AB area.
75/100
Very Walkable
Walk Score ®
45/100
Some Transit
Transit Score ®
59/100
Bikable
Bike Score ®
Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.
20 nearby routes: 20 bus, 0 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 36/100, Transit Score: 28/100, Bike Score: 44/100.
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32478 Range Road 42, Rural Mountain View County, AB T0M0K0
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5414 43 Street
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5 bds • 4 ba • 323.21 sqft
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125 Leva Avenue
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125 Leva Avenue
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261 & 267 Clearview Drive
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3 McKenzie Drive
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3 McKenzie Drive
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37412 Range Road 280
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19 Mckenzie Drive
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34 McKenzie Crescent
Source: Realty.com
5414 43 Street, Red Deer, AB T4N 1C9 in Capstone, Red Deer, AB T4N 1C9 is a office listed at $2,800,000. Highlights include built in 1976, 1.26 acre lot. Realty.ca has 14 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 14 photos of 5414 43 Street.
Our records indicate that 5414 43 Street was built in 1976.
The full address for this home is 5414 43 Street, Red Deer, AB T4N 1C9.
5414 43 Street has been listed on Realty.com since Thu November 20, 2025
Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 36/100, Transit Score: 28/100, Bike Score: 44/100.
Listing provided courtesy of:
Century 21 Maximum
(tel: 587-272-0221)
Listing agent:
Mike Gait
(tel: 403-302-9101)
This content last refreshed on 2026-09-29 11:50:44. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.