2nd floor opportunity directly across from Red Deer’s new courthouse and justice centre. Very conveniently located with Transit hub, City Hall and Library only 1 block away. Building has had an exterior refresh completed in 2025; if you like the outside imagine what can be done on the inside!
Current layout are offices and “training rooms”, boardroom, three washrooms. Training rooms can be restored to offices. Although older, this space can be turned into bright functional space with a bit of paint, lighting and new flooring. Unit has separate electrical meters, gas is common and prorated with main floor tenant. Separate entrance and exit to the second-floor space.
Up to 5 surface parking stalls at back of building 2 tandem stalls, one regular stall; additional off-site parking nearby including City of Red Deer parkade with month-to-month parking options.
The common costs for the building are estimated at $6.80 per square foot for 2026
Essential information
MLS® number
A2356510
Status
Active
Lease rate
$8/sq ft/yr
Property type
Commercial
Type
Office
Transaction
For Lease
Restrictions
None Known
Building area
4,250 sq ft
Lot size
5,816 sq ft
Year built
1979
Structure
Low Rise (2-4 stories)
Listing brokerage
Century 21 Maximum
Source
Pillar 9™ MLS® System
Interior
Heating
Forced Air, Natural Gas
Cooling
Central Air, Full
Included
blinds and window coverings
Exterior and construction
Roof
Fiberglass, See Remarks
Foundation
Slab
Zoning
C-1
Parking
Total parking
7
Community
Subdivision
RRRR
City
Red Deer
Province
AB
Postal code
T4N 1S6
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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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13 photos$10/sq ft/yrFor lease4811 48 Street, Red Deer
