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MLS® Real Estate Listings - Homes, Condos, Acreage properties, Commercial - 403-998-2735

4948 54th Avenue, Red Deer

Industrial Property for Sale

4948 54th Avenue, Red Deer, MLS® # A2290907
  • MLS®#: A2290907
  • Price: $799,000
  • Parking: 25
  • Status: Active
  • Year Built: 1962
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Login or Create an Account to Access Days On Website Financial Information Legal Description Lot Zoning

0.48 Acres – Industrial Property with Redevelopment Potential in Red Deer Railyards Rare opportunity to acquire 0.48 acres of flat land with a 5,800 sq. ft. industrial building in the rapidly evolving Railyards district in the core of Red Deer. This property offers excellent potential for owner-users, investors, or future redevelopment as the City advances plans for medium- to high-density development in the area. The 5,800 sq. ft. warehouse and office building features a new roof, two operational manual cranes, and approximately 600 sq. ft. of additional usable second-floor storage, providing practical functionality for industrial, fabrication, or light manufacturing uses. The property is currently home to Wallah Signs, offering the opportunity to operate a cash-flowing business while holding the real estate for future redevelopment potential. Bring your ideas—continue operating the existing business, reposition the building, or hold the property as the surrounding Railyards community continues to develop. Opportunities like this in the core of Red Deer are increasingly rare.

Contact Elke Babiuk About MLS® A2290907

Required Field

Elke Babiuk, 403-998-2735 at CIR Realty, #130, 703 64th Avenue SE, Calgary, Alberta, T2H 2C3

property information

  • Property Type: Industrial Property
  • MLS®#: A2290907
  • Year Built: 1962
  • Restrictions: See Remarks
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Community Information

  • Address: 4948 54th Avenue
  • Neighbourhood: Railyards
  • City: Red Deer
  • Postal Code: T4N 5K8
  •  

interior

  • Included: All
  • Fireplace Details: For Sale
  •  

services & amenities

  • Parking: (25 Total Parking Spaces)
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  •  

$799,000

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Listing Courtesy of
CIR Realty
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

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