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4826 50 Street, Red Deer

RRRR, Red Deer

$2,799,000

About this property

Downtown Investment Opportunity! Located in the heart of downtown Red Deer, along busy 50th (Ross) Street, this 3-storey office building with two additional parking lots is available for sale. Bishop Place is 36,370 SF over 4 floors (including the basement). The building is anchored by long-standing main floor tenant, Rexall Pharmacy. There are 5 parking stalls at the rear of the building. Included in the sale are two additional parking lots on separate titles, located at 5010 48 Avenue, Red Deer (12,500 SF - 35 stalls) and 4819 51 Street, Red Deer (6,250 SF - 13 stalls). Both parking lots are fully paved and have power service and plug-in's for each stall. The building is located directly across from City Hall Park and just down the street from the Ross Street Patio. This is an excellent opportunity for an owner/user looking for office space downtown or investment. The properties are professionally managed by Sunreal Property Management.

Essential information

MLS® number
A2342417
Status
Active
Price
$2,799,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
36,370 sq ft
Year built
1999
Structure
Low Rise (2-4 stories)
Listing brokerage
RE/MAX Commercial Properties
Source
Pillar 9™ MLS® System

Exterior and construction

Zoning
C-1

Community

Subdivision
RRRR
City
Red Deer
Province
AB
Postal code
T4N 1X4

Where it is

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Investment calculator

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The building

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MLS® data last updated Nov 8, 2026, 1:40 a.m. (Mountain Time).

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