4948 54th Avenue
Red Deer, Alberta
MLS® A2290907
$599,000
- Status
- Active
- Property type
- Industrial
- MLS® number
- A2290907
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1962
1 / 50Listing description
Land and building for sale with optional Wallah signs business for sale. Inquire for more details. 0.
48 Acres – Industrial Property with Redevelopment Potential in Red Deer RailyardsRare 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.
Property summary
- MLS® number
- A2290907
- Property type
- Industrial
- Square footage
- 5,870 sq ft
- Title
- Freehold
- Built in
- 1962
- Annual property taxes
- $7,818.00
- Parking
- 25 spaces
- Days on market
- 182 days
What would this home cost you?
Based on the $599,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of CIR Realty, CALGARY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.