$879,900
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4819 48 Avenue, Red Deer, AB T4N 3T2

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Excellent investment opportunity! This two-storey building is conveniently located directly across from Red Deers new Courthouse/Justice Centre and near the Red Deer Transit Station hub Located directly on 49th Street in the heart of Downtown Red Deer, this commercial property offers high-visibility storefront placement with strong foot and vehicle traffic. The property spans a generous 9, 750" sq. ft." above grade. Originally constructed in 1960, the buildings substantial footprint and flexible layout make it an ideal candidate for single-tenant operations or multi-tenant retail and service buildouts. The main floor has 2 long-term tenants and vacant space for an additional tenant, with space of 1185 Sq ft. Second floor currently configured as 5 offices, and office 2/3 as training rooms or a boardroom and foyer area as a welcoming reception area. The basement area has an additional 7 offices or retail space, all varying in size; 2 units are also rented by long-term tenants. All floors have washroom facilities A large public metered parking lot is located near the building, with metered street parking stalls in front. The Downtown area has new programs in place to help create more activity and enhance public shopping; as well there is a lot of new development in the area that is creating more consumer traffic. With its flexible C-1 Commercial zoning, the site accommodates a broad spectrum of business applications, from retail to professional offices. An excellent opportunity to purchase a downtown asset with a convenient location at an affordable price! The building is also available for lease. Other units varying in size are for lease; see MLS #: A2346340, MLS #: A2346334, MLS #: A2346325, MLS #: A2346314 , MLS#: A2346294 .

Listing By: James Wyszynski - Realty Executives Alberta Elite cnpilar Realty.com
  • MLS® A2346263
  • Date Listed09/17/2026
  • Days on Realty 13 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Subdivision Downtown Red Deer
  • County Red Deer
  • Year Built 1960

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T4N 3T2

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

Walkability in AB / T4N 3T2

Source: Walk Score

96/100

Walker's Paradise

Walk Score ®

49/100

Some Transit

Transit Score ®

62/100

Bikable

Bike Score ®

Overview

Daily errands do not require a car. 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: 38/100, Transit Score: 31/100, Bike Score: 46/100.

Points of Interest near 4819 48 Avenue, Red Deer, AB T4N 3T2

Frequently Asked Questions for 4819 48 Avenue

Source: Realty.com

4819 48 Avenue, Red Deer, AB T4N 3T2 in Downtown Red Deer, Red Deer, AB T4N 3T2 is a mixed use listed at $879,900. Highlights include built in 1960. Realty.ca has 42 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 42 photos of 4819 48 Avenue.

Our records indicate that 4819 48 Avenue was built in 1960.

The full address for this home is 4819 48 Avenue, Red Deer, AB T4N 3T2.

4819 48 Avenue has been listed on Realty.com since Thu September 17, 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: Realty Executives Alberta Elite (tel: 403-342-4455)
Listing agent: James Wyszynski (tel: 403-350-1203)

This content last refreshed on 2026-09-30 23:22:14. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.