Browse listings

3, 1041 Hwy 54 Highway, Rural Red Deer County

$719,000

About this property

Amazing setup. Front offices and modern upgraded one bedroom suite. Over 16,000 sqft of shop/warehouse/clubhouse style open area with several barn door accessed rooms. Approximately 4700 sqft cold storage airplane hangar int the rear. Overhead doors, large kitchen/wet bar at the front of the open area. There is a partial airplane hanging over the bar with working lights. This place has to bee seen to appreciate it's vibe. Would suit storage, private club, or bring your idea. The airport itself has been upgrading the runway with new blacktop after about 40 years of use. Recent upgrades to the building include the suite add-on (permitted), granite counter tops, tile, hardwood floors, appliances and interior heating. 2 bathroom upgrades, staff room, cupboards, flooring etc. Main heated hangar area had the drywall cleaned up and new hot water tank. All upgrades were done 7 years ago. 22 years remaining on County of Red Deer 25 year land lease. Property is also listed for lease MLS A2253820

Essential information

MLS® number
A2346716
Status
Active
Price
$719,000
Property type
Commercial
Type
Industrial
Transaction
For Sale
Restrictions
Call Lister
Building area
20,700 sq ft
Year built
1978
Structure
Other
Listing brokerage
Century 21 Maximum
Source
Pillar 9™ MLS® System

Interior

Included
N/A contents are negotiable and not included in price

Exterior and construction

Zoning
BSA

Community

City
Rural Red Deer County
Province
AB
Postal code
T4E 1S4

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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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 industrial space in Rural Red Deer County 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 industrial space comes up.

Similar properties to MLS® #A2346716

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

Call WhatsApp Email Instagram