$550,000
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5 Fir Street, Red Deer, AB T4N4Y1

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- Beds
0 Baths
2,403 Sq Ft

Urgent sale. Priced to sell at $550, 000. Immediate possession available.Well-located commercial property in Red Deer on a high-exposure corner lot, surrounded by established residential communities. Recently renovated with approximately $200, 000 invested, offering a clean and functional space with strong upside potential.The main floor can be divided into two separate units (previously configured as such), allowing for dual tenancy and diversified rental income. The basement provides additional space for storage or supplementary use.Income potential with flexible layout (buyer to verify): $18 $22 per sq.ft. (approx. $43, 000 $53, 000/year) Additional income potential from basement use Potential cap rate in the 7% 9% rangeThe sale includes real estate and equipment. Inventory is extra. Business is optional.Property assessment value (2025): $522, 200. Strong value priced near assessed value.Zoned C3 Neighbourhood Convenience Commercial, allowing for a wide range of permitted uses including retail, convenience store, grocery, restaurant, caf, personal services, and professional or office uses (subject to municipal approval).Offering excellent potential for future redevelopment, site intensification, or repositioning. Ideal for investors, developers, or owner-users seeking long-term upside.Sold as-is, where-is. Firm sale only no conditions. Price is fixed.Property Details: Building: 2, 400 sqft Land: 16, 553 sq.ft. (0.38 acre) Zoning: C3 Neighbourhood Convenience CommercialPlease do not approach staff. All inquiries through listing agent. (id:58753)

Listing By: Simon Choi - RE/MAX Complete Realty cncrea2 Realty.com
  • MLS® A2302618
  • Date Listed04/16/2026
  • Days on Realty 50 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 16,553 sq. ft
  • Subdivision Fairview
  • Year Built 1965
  • Square Feet 2,403 sq. ft
  • Price Per Sq. Ft $228.88

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 16,553.00
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T4N4Y1

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

Walkability in AB / T4N4Y1

Source: Walk Score

60/100

Somewhat Walkable

Walk Score ®

40/100

Some Transit

Transit Score ®

51/100

Bikable

Bike Score ®

Overview

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

Transit Summary

11 nearby routes: 11 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 35/100, Transit Score: 28/100, Bike Score: 44/100.

Points of Interest near 5 Fir Street, Red Deer, AB T4N4Y1

Frequently Asked Questions for 5 Fir Street

Source: Realty.com

5 Fir Street, Red Deer, AB T4N4Y1 in Fairview, Red Deer, AB T4N4Y1 is a retail listed at $550,000. Highlights include 2,403 sq. ft., built in 1965, $229 per sq. ft.. Realty.ca has 7 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 7 photos of 5 Fir Street.

Our records indicate that 5 Fir Street was built in 1965.

The full address for this home is 5 Fir Street, Red Deer, AB T4N4Y1.

5 Fir Street has been listed on Realty.com since Thu April 16, 2026

Some 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: 35/100, Transit Score: 28/100, Bike Score: 44/100.

Listing provided courtesy of: RE/MAX Complete Realty
Listing agent: Simon Choi

This content last refreshed on 2026-06-05 20:27:26. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.