4801 51 AVE, Red Deer, AB T4N 4H2
4801 51 AVE, Red Deer, AB T4N 4H2
4801 51 AVE, Red Deer, AB T4N 4H2
29
$1,000,000
$1,190,000
16.0%
Est.Price: ?

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0.38 Acres Lot

4801 51 AVE Red Deer, AB T4N 4H2

Est. payment /mo
SOLD DATE : 04/20/2026

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Key Details

Sold Price $1,000,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Subdivision Downtown Red Deer

MLS® Listing ID A2275013

Sold Date 04/20/26

Year Built 1951

Annual Tax Amount $24,850

Tax Year 2025

Lot Size 0.380 Acres

Acres 0.38

Property Sub-Type Retail

Source Central Alberta

Property Description

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.

Location

Province AB

County Red Deer

Zoning C-1

Others

Restrictions None Known

Tax ID 102750234

Ownership Other

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Listed by RE/MAX Commercial Properties

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Blake King

Blake King

Broker | cakingblacakingbla

+1(403) 350-7672

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