$1,190,000
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4801 51 Avenue, Red Deer, AB T4N 4H2

Excellent investment opportunity located in the heart of downtown Red Deer. This well maintained 9, 452 SF building is available for sale. The building includes 6 main floor commercial units - 5 that are leased to long term tenants and 1 that is currently vacant and available for lease. All of these units have large windows along the front that bring in plenty of natural light. There is a shared hallway accessible from the back of the units that includes a shared washroom for the main floor tenants, and access to the second floor. The second floor has 2 additional units that have the potential to be converted to residential for additional income generation in the future. Parking on site is limited to availability for clients and customers of the tenants only, with ample public parking options in the nearby area. This property offers excellent visibility from Gaetz Avenue Southbound where thousands of cars pass by daily.

  • MLS® A2275013
  • Date Listed12/16/2025
  • Days on Realty 172 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.38 acres (16,552 sq. ft)
  • Subdivision Downtown Red Deer
  • County Red Deer
  • Year Built 1951

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.38
  • Lot Size SQFT 16,552.00
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T4N 4H2

Discover key demographics, population statistics, and environmental insights for the Red Deer, AB area.

Walkability in AB / T4N 4H2

Source: Walk Score

82/100

Very Walkable

Walk Score ®

48/100

Some Transit

Transit Score ®

59/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.


Transit Summary

22 nearby routes: 22 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 36/100, Transit Score: 30/100, Bike Score: 45/100.

Points of Interest near 4801 51 Avenue, Red Deer, AB T4N 4H2

Frequently Asked Questions for 4801 51 Avenue

Source: Realty.com

4801 51 Avenue, Red Deer, AB T4N 4H2 in Downtown Red Deer, Red Deer, AB T4N 4H2 is a retail listed at $1,190,000. Highlights include built in 1951, 0.38 acre lot. Realty.ca has 29 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 29 photos of 4801 51 Avenue.

Our records indicate that 4801 51 Avenue was built in 1951.

The full address for this home is 4801 51 Avenue, Red Deer, AB T4N 4H2.

4801 51 Avenue has been listed on Realty.com since Tue December 16, 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: 30/100, Bike Score: 45/100.

Listing provided courtesy of: RE/MAX Commercial Properties (tel: 403-986-7777)
Listing agent: Cameron Tomalty (tel: 403-350-0075)

This content last refreshed on 2026-06-06 22:22:09. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.