MLS®: A2290907 - Railyards $799,000

  • Address: 4948 54th Avenue
  • Size: sq.ft.
  • 0
  • 0
  • Other

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.

MLS®: A2290907 - Railyards $799,000

  • Address: 4948 54th Avenue
  • Size: sq.ft.
  • 0
  • 0
  • Other

Includes: All

Property Information

Property Type: Industrial

Year Built: 1962

Brokerage: CIR Realty

Listed Date: Please login or create an account

Community Information

City/Town: Red Deer

Community: Railyards

Exterior

Total Parking: 25

Interior

Fireplace Details: For Sale

Rooms

Total Bedrooms: 0 (Bedrooms Above: 0)

Bathrooms: Full: 0 / Half: 0

Above Grade: 0

Legal, Financial & Possession

Zoning: DC(28)

Legal Description: Lot/Unit: Lot/Unit:,Plan: 9621292,Block:

Tax: 7818.00

Possession: Negotiable

Occupancy: Owner

Restrictions: See Remarks

Listing Courtesy of CIR Realty

The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

MLS®: A2290907 - Railyards $799,000

  • Address: 4948 54th Avenue
  • Size: sq.ft.
  • 0
  • 0
  • Other

Listing Courtesy of CIR Realty

The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.