CAABRed DeerRailyards4948 54 Ave
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4948 54 Ave, Red Deer, AB

House

For Sale

Listed price in listed location currency (CAD).
$799,000

0025

MLS® A2290907

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Business Opportunity
Size 5870 sqft
Garage 
Taxes $7,818
Days Active 36
Lot Size 
Approx. Age 1962
Avg. Price Per Sqft $136
MLS® Number A2290907

Property Address: 4948 54 Ave, Red Deer, AB, T4N5K8

Average square foot calculated using Size range provided by listing agent.

Description

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. (id:58753)
MLS® NumberA2290907
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1962
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Mar 31, 2026End Date
Not Sold YetSold Price

For Sale

Mar 5, 2026List Date
$799,000List Price
  • Commute

Commute

Starting Address
Destination Address
4948 54 Ave, Red Deer, AB

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