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4606 48 Avenue, Red Deer

RRRR, Red Deer

$349,900

About this property

Turnkey professional office opportunity in Downtown Red Deer. Positioned on a high exposure lot along 48 Avenue, this extensively renovated C-1 zoned commercial property offers an excellent opportunity for investors, owner-users, or professionals seeking a standalone office/clinic space with on-site parking and strong curb appeal. The property has been thoughtfully configured for health, wellness, counselling, medical, massage, acupuncture, esthetics, or other professional office uses. The main floor features approximately 695 sq. ft. above grade with a welcoming reception and waiting area, two spacious treatment/offices, staff/admin workspace, washroom with shower, and a functional kitchenette/staff area. Large windows and multiple skylights create a bright and inviting atmosphere throughout the space. The unfinished basement provides excellent storage, utility, and future development potential. Originally renovated in 2008 with several office improvements, updates reportedly included windows, doors, plumbing, heating, and interior office conversion. The layout is efficient and professional, allowing for multiple practitioners, private offices, or a reception-based business model. Situated on a 3,909 sq. ft. lot with rear parking (5 or 6 stalls) and convenient access, the property benefits from excellent visibility in the Downtown Red Deer corridor. C-1 zoning supports a wide range of commercial and mixed-use possibilities, making this an attractive long-term hold or owner-occupier investment. Property details indicate approximately 741 sq. ft. above grade and C-1 land use zoning. A rare opportunity to acquire an affordable standalone commercial building with parking, exposure, and flexible use potential in Central Red Deer. The operating business currently occupying the premises may be available separately from the real estate.

Essential information

MLS® number
A2309145
Status
Active
Price
$349,900
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
741 sq ft
Lot size
3,909 sq ft
Year built
1937
Structure
Mixed Use
Listing brokerage
Century 21 Advantage
Source
Pillar 9™ MLS® System

Interior

Heating
Forced Air, Natural Gas
Cooling
Central Air
Included
Dishwasher, Microwave, Washer & Dryer

Exterior and construction

Roof
Asphalt Shingle
Lot features
City Lot, Landscaped, Street Lighting
Frontage
9.18M 30`1"
Zoning
C-1

Parking

Total parking
6

Community

Subdivision
RRRR
City
Red Deer
Province
AB
Postal code
T4N 3S9

Where it is

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Investment calculator

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

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