$490,000
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4919 50 Street, Red Deer, AB T4H1X8

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- Beds
0 Baths
2,919 Sq Ft

A Classic brick exterior Fully leased Commercial Building located in the Heart of busy Downtown on 50 St between the Old Post office building and Royal bank building. This Street Level Store front Building is a total of 2994 sq ft. Plus /Minus . There are two separate rental units , both are tenant occupied. The Front unit has the Restaurant , there since Nov 1 2024 , lease in place till Dec 31 2027 . The Back unit is a Therapy massage clinic with direct access from back alley and has been there since 2013 . Lease till June 30 2028. A nice plus for the building is the Central AC for the whole bulding supplied by the Roof top HVAC unit. Front space which is around 1220 sq ft , has had numerous upgrades with large open front area ( large windows), 2 bathrooms, Secondary kitchen area and office. The cement basement area is about 500 Sq ft , with open storage area with shelving , a separate storage room , a utility room (secondary furnace and large hot water tank ) , plus two washrooms ( need upgrading ) . Electrical panels are located in this unit. Back Lease space is around 1700 sq ft. set up with separate rooms , washroom, they also have one parking space . There is an interior secure double locked doorway that separates the 2 units. As a holding property, the numbers are favorable. Leases include all utilities.Large Public metered parking lot is located behind the building, metered street parking stalls in front plus a Delivery stall 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. (id:58753)

  • MLS® A2341112
  • Date Listed09/01/2026
  • Days on Realty 27 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 3,132 sq. ft
  • Subdivision Downtown Red Deer
  • Year Built 1937
  • Square Feet 2,919 sq. ft
  • Price Per Sq. Ft $167.87

Interior Features

  • Heating Natural gas, See remarks, Central heating

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 3,131.76
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T4H1X8

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

Walkability in AB / T4H1X8

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 4919 50 Street, Red Deer, AB T4H1X8

Frequently Asked Questions for 4919 50 Street

Source: Realty.com

4919 50 Street, Red Deer, AB T4H1X8 in Downtown Red Deer, Red Deer, AB T4H1X8 is a mixed use listed at $490,000. Highlights include 2,919 sq. ft., built in 1937, $168 per sq. ft.. Realty.ca has 6 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 6 photos of 4919 50 Street.

Our records indicate that 4919 50 Street was built in 1937.

The full address for this home is 4919 50 Street, Red Deer, AB T4H1X8.

4919 50 Street has been listed on Realty.com since Tue September 01, 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.

This content last refreshed on 2026-09-28 21:30:19. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.