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1, 5116 52 Street, Red Deer

RRRR, Red Deer

$399,900

About this property

Discover a prime commercial condo located in the heart of downtown Red Deer. Centrally positioned this 2-storey unit provides excellent visibility and easy access for clients and staff. This unit features 1,904 sq ft on the ground floor and 713 sq ft on the second floor. The large reception area features a built-in desk and plenty of natural light to greet your clients. There are 2 large open areas, 6 separate office/storage spaces, a washroom and staff area on the main floor. Up top, is a washroom, laundry room with shower and 2 separate offices. Plenty of space to be reconfigured to accommodate your business’s unique needs. Come and view it today!

Essential information

MLS® number
A2292591
Status
Active
Price
$399,900
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
1,996 sq ft
Lot size
1,996 sq ft
Year built
1994
Structure
Low Rise (2-4 stories)
Listing brokerage
RE/MAX real estate central alberta
Source
Pillar 9™ MLS® System

Interior

Included
Stacking washer and dryer, b/i dishwasher.

Exterior and construction

Zoning
DC(28)

Community

Subdivision
RRRR
City
Red Deer
Province
AB
Postal code
T4N 6Y4

Where it is

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Investment calculator

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

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The purchase

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The building

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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.

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

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