Space
Finished area and layout
- Building Area
- 5,870 sqft
- Above Grade
- 5,870 sqft
- Finished Breakdown
- Above 5,870 sqft
+45 more
5,870 sqft
Building Area
1962
Year Built
25
Parking
Property Snapshot
Key details for this listing
MLS #A2290907
Property
Type, style and structure
- Type
- commercial
- Style
- industrial / Industrial
- Ownership
- Freehold
- Year Built
About This Property
This industrial in Red Deer offers 5,870 sqft of building area. Built in 1962. Highlights include a 25-car garage.
MLS Remarks
Land and building for sale with optional Wallah signs business for sale. Inquire for more details. 0.48 Acres – Industrial Property with Redevelopment Potential in Red Deer RailyardsRare opportunity to acquire 0.48 acres of flat land with a 5,800 sq. ft. industrial building in the rapidly evolving Railyards district in the core of Red Deer. This property offers excellent potential for owner-users, investors, or future redevelopment as the City advances plans for medium- to high-density development in the area.The 5,800 sq. ft. warehouse and office building features a new roof, two operational manual cranes, and approximately 600 sq. ft. of additional usable second-floor storage, providing practical functionality for industrial, fabrication, or light manufacturing uses.The property is currently home to Wallah Signs, offering the opportunity to operate a cash-flowing business while holding the real estate for future redevelopment potential.Bring your ideas—continue operating the existing business, reposition the building, or hold the property as the surrounding Railyards community continues to develop.Opportunities like this in the core of Red Deer are increasingly rare. (id:60351)
Full Listing Details
Address4948 54th Avenue
MLS#A2290907
Listing StatusActive
Property TypeCommercial
Sub-TypeIndustrial
TransactionSale
Days on Market202
Common InterestFreehold
Annual Tax$7,818 (2024)
Parking25 (25 garage)
StyleIndustrial
Year Built1962
Living Area5,870 sqft
Above Grade Area5,870 sqft
CityRed Deer
NeighbourhoodRailyards
ProvinceAlberta
Postal CodeT4N5K8
SubdivisionRailyards
Zoning DetailsDC(28)
Total Parking25
Garage Spaces25
Annual Tax$7,818 (2024)
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