4948 54th Avenue Red Deer
- Listed for $799,000
Description
0.48 Acres in Red Deer’s Railyard District
An exceptional opportunity to own flat, usable land with an industrial building in the heart of Red Deer’s core. Whether you’re looking to operate your own business, generate rental income, or secure a strategic holding property for future redevelopment, this site offers outstanding flexibility. The area continues to evolve, with the city advancing plans for medium-to-high density development—making this a smart long-term investment.
The building features a new roof, two operational manual cranes, and approximately 600 sq. ft. of additional second-floor storage, providing functional space suited to a wide range of industrial or commercial uses.
📌 Please note: The business currently operating on site is included in the sale price. However, should a buyer not wish to acquire the business, the purchase price can be adjusted accordingly to reflect the real estate value only. For more information on the business component, please contact Justin directly.
Bring your vision to life with this versatile property and secure your position in the growing Railyard District.
Address
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Address: 4948 54th Ave
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City: Red Deer
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Zip/Postal Code: T4N 5K8
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Country: Canada
Details
Updated on March 19, 2026 at 3:38 pm-
Price Listed for $799,000
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Land Area 4.8 acres
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Property Type Commercial, Commercial Sale, Land
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Property Status For Sale
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