Browse listings

5912 54 Avenue, Red Deer

RRRM, Red Deer

$329,000

About this property

This 1,986 SF building in Riverside Meadows is available for sale. This well kept building has a front office / retail area of approximately 550 SF with two recently renovated washrooms, one office, and an open mezzanine above. The warehouse has a 12' x 12' overhead door, fluorescent lighting, a floor drain and a hanging forced air furnace. There is a fenced, graveled yard space in the rear that is approximately 49' by 30' (1,470 SF). The front parking is not a part of the property, but there is an annual agreement with the City of Red Deer on the title for usage. The property is also available for lease.

Essential information

MLS® number
A2247930
Status
Active
Price
$329,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
1,986 sq ft
Year built
1981
Structure
Mixed Use
Listing brokerage
RE/MAX Commercial Properties
Source
Pillar 9™ MLS® System

Exterior and construction

Zoning
DC(34)

Community

Subdivision
RRRM
City
Red Deer
Province
AB
Postal code
T4N 4M7

Where it is

Loading map…

Approximate location, plotted from the listing’s own coordinates.

Investment calculator

Cap rate, cash flow and the coverage ratio a commercial lender will look at first.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

The purchase

$
%
%
%
yrs

The building

$
%
$
Cap rate—
Cash on cash—
Net operating income
—
Mortgage payment monthly
—
Annual debt service
—
Cash flow monthly, before tax
—
Cash in the deal
—
Loan amount
—
Debt service coverage —

—

An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.

Tell me when another one comes up

Leave your details and Satyam will let you know as soon as a new listing in commercial property in Red Deer reaches the market — often before it is advertised anywhere else.

We’ll email you once to confirm. No account, nothing to log in to, and the listings stay open to everyone either way.

✓

You are on the list.

You will hear the moment a new listing in commercial property comes up.

Similar properties to MLS® #A2247930

MLS® data last updated Nov 8, 2026, 1:10 a.m. (Mountain Time).

Call WhatsApp Email Instagram