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Turnkey professional office opportunity in Downtown Red Deer. Positioned on a high exposure lot along 48 Avenue, this extensively renovated C-1 zoned commercial property offers an excellent opportunity for investors, owner-users, or professionals seeking a standalone office/clinic space with on-site parking and strong curb appeal. The property has been thoughtfully configured for health, wellness, counselling, medical, massage, acupuncture, esthetics, or other professional office uses. The main floor features approximately 695 sq. ft. above grade with a welcoming reception and waiting area, two spacious treatment/offices, staff/admin workspace, washroom with shower, and a functional kitchenette/staff area. Large windows and multiple skylights create a bright and inviting atmosphere throughout the space. The unfinished basement provides excellent storage, utility, and future development potential. Originally renovated in 2008 with several office improvements, updates reportedly included windows, doors, plumbing, heating, and interior office conversion. The layout is efficient and professional, allowing for multiple practitioners, private offices, or a reception-based business model. Situated on a 3, 909 sq. ft. lot with rear parking (5 or 6 stalls) and convenient access, the property benefits from excellent visibility in the Downtown Red Deer corridor. C-1 zoning supports a wide range of commercial and mixed-use possibilities, making this an attractive long-term hold or owner-occupier investment. Property details indicate approximately 741 sq. ft. above grade and C-1 land use zoning. A rare opportunity to acquire an affordable standalone commercial building with parking, exposure, and flexible use potential in Central Red Deer. The operating business currently occupying the premises may be available separately from the real estate.
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Red Deer, AB area.
96/100
Walker's Paradise
Walk Score ®
49/100
Some Transit
Transit Score ®
62/100
Bikable
Bike Score ®
Daily errands do not require a car. A few nearby public transportation options. Some bike infrastructure.
22 nearby routes: 22 bus, 0 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 38/100, Transit Score: 31/100, Bike Score: 46/100.
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5399 Len Thompson Drive, Lacombe, AB T4L2H3
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39301 HWY 835, Rural Stettler No. 6, County of, AB T0C2L0
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64067 Township Road 38-0A, Rural Clearwater County, AB T4T2A3
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113 Lakeshore Drive, Rural Camrose County, AB T0B0H0
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109 Lakeshore Drive, Rural Camrose County, AB T0B0H0
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5901 55 Avenue, Stettler, AB T0C2L2
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21 METALDOG Place, Rural Clearwater County, AB T4T2A2
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29 METALDOG Place, Rural Clearwater County, AB T4T2A2
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7 METALDOG Drive, Rural Clearwater County, AB T4T2A2
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11 METALDOG Drive, Rural Clearwater County, AB T4T2A2
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4606 48 Avenue
2 bds • 1 ba • 92.9 sqft
225, 4805 45 Street
2 bds • 1 ba • 86.31 sqft
327, 4805 45 Street
2 bds • 1 ba • 1000 sqft
225, 4805 45 Street
2 bds • 1 ba • 929 sqft
327, 4805 45 Street
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4914 46 Street
bds • 0 ba • 4990 sqft
4919 48 Street
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4919 48 Street
bds • 0 ba • 3017 sqft
4617 50 Avenue
4 bds • 1 ba • 94.17 sqft
4645 47 Street
2 bds • 1 ba • 1005 sqft
4626 49 Street
1 bds • 2 ba • 112.24 sqft
4634 42 Street Crescent
2 bds • 3 ba • 105.63 sqft
4613 44 Street
4 bds • 2 ba • 1040 sqft
4624 49 Street
4 bds • 2 ba • 98.76 sqft
4624 49 Street
1 bds • 2 ba • 87.61 sqft
422, 4512 52 Avenue
2 bds • 2 ba • 98.29 sqft
#118, 5300 48 Street
2 bds • 2 ba • 1123 sqft
# 318, 5300 48 Street
2 bds • 2 ba • 104.33 sqft
# 318, 5300 48 Street
Source: Realty.com
4606 48 Avenue, Red Deer, AB T4N 3S9 in Downtown Red Deer, Red Deer, AB T4N 3S9 is a mixed use listed at $349,900. Highlights include built in 1937, 0.09 acre lot. Realty.ca has 36 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 36 photos of 4606 48 Avenue.
Our records indicate that 4606 48 Avenue was built in 1937.
The full address for this home is 4606 48 Avenue, Red Deer, AB T4N 3S9.
4606 48 Avenue has been listed on Realty.com since Fri May 08, 2026
Daily errands do not require a car. A few nearby public transportation options. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 38/100, Transit Score: 31/100, Bike Score: 46/100.
Listing provided courtesy of:
Century 21 Advantage
(tel: 403-346-0021)
Listing agent:
Patrick Galesloot
(tel: 403-357-9142)
This content last refreshed on 2026-09-29 19:36:23. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.