Located on the lower floor, this unit is 500sf; the interior features a wide-open space. The unit is well-suited for a range of business and retail uses. Washrooms are shared facilities for this unit. The unit is forced-air, natural-gas-heated, and has air conditioning. Situated on a high-visibility corner with signage facing 48 Avenue, the property benefits from excellent exposure and walkability, positioned near City Hall, the new Courthouse, Sorenson Station, transit, restaurants and downtown services. The property offers convenient access for staff and clients. Possession is negotiable. Ideal for businesses seeking visibility, efficiency, and value in a central location. There is no on-site parking; however, ample street parking is available around the building, and public parking lots are nearby. Competitive lease rate. Don’t miss out on this ideal space for your business. Perfect for retail, office, or professional use! Lease is $15 Per Sq Ft, Triple Net is $8.25/sqft for 2026 estimated. Owner willing to undertake Tenant improvements on offer.Other units varying in size are for lease; see MLS# 2346343, MLS #: A2346340, MLS#: A2346325, MLS#: A2346314 |. MLS#: A2346294 . This complex is also for sale; see MLS#: A2346263
Essential information
MLS® number
A2346334
Status
Active
Lease rate
$15/sq ft/yr
Property type
Commercial
Type
Mixed Use
Transaction
For Lease
Restrictions
None Known
Building area
500 sq ft
Year built
1960
Structure
Low Rise (2-4 stories)
Listing brokerage
Realty Executives Alberta Elite
Source
Pillar 9™ MLS® System
Interior
Heating
Floor Furnace, Natural Gas
Cooling
Central Air
Included
Nil
Exterior and construction
Roof
Asphalt/Gravel
Zoning
C-1
Community
Subdivision
RRRR
City
Red Deer
Province
AB
Postal code
T4N 3T2
Where it is
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Approximate location, plotted from the listing’s own coordinates.
What this space costs per month
Commercial rent is quoted per square foot per year. This turns it into the cheque you actually write — and adds the operating costs, which are quoted separately and routinely add a third again.
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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.
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An estimate from the figures above, not a quote and not financial advice. Confirm the rent, the operating costs and what is included with the listing brokerage before you rely on any of it — GST, utilities and tenant improvements are not in here. Nothing typed is sent anywhere or saved.
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11 photos$13/sq ft/yrFor lease110, 4828 53 Street, Red Deer
