Address
4822 50 Street, Red Deer, AB
Price
$ 4,000,000
Property Attributes
  • MLS#A2332877
  • TypeCommercial
  • Listing Status Active
  • CityRed Deer
  • NeighbourhoodDowntown Red Deer
  • Postal CodeT4N 1X4
  • StyleLow Rise (2-4 stories)
  • Year Built1977
  • Price$ 4,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.189991 Acres
Data Source:
Pillar 9 Technologies
Property Description

Extensively renovated and upgraded, this 30,993 SF building is ready to build out to suit. There are 3 floors, plus basement, and the upgrades include: updated stone and stucco exterior; bright and open stairwells; new windows on each floor; new elevator; new digital access and security system; new washrooms (completed on the main floor and framed, plumber, wired and drywalled on 2nd and 3rd floors) and automatic lighting. The building is located beside Red Deer's upcoming Surgical Centre, close to the Ross Street Patio, and across the street from beautiful City Hall Park. There are 18 parking spots included, five right behind the building and 13 across the alley. An additional 28 stalls can also be available. Red Deer has a new economic development initiative underway and the new Nexus Homeless Shelter is addressing downtown homeless issues. Exciting things are happening in downtown Red Deer and this beautiful building offers a blank slate.

Price History
7/31/2026 Listed $4,000,000

General Features

Heating Natural Gas
Cooling Central Air
Roof Tar/Gravel
Zoning C-1
Restrictions None Known
Year Built 1977
Building Name Plaza W
Property Subtype Mixed Use
Transaction Type For Sale
Building Type Commercial Mix
County Red Deer
Property Type Commercial
Subdivision Name Downtown Red Deer
Parking Total 18
Construction Materials Concrete
Status Active
City Red Deer
Virtual Tour URL Unbranded https://view.ricoh360.com/33cf87c2-54a8-4a41-b265-38a4ba2439a6
Structure Type Low Rise (2-4 stories)
Standard Status Active

Interior Features

Below Grade Finished Area Unit Type SquareFeet
Building Area Total SF 23777.00
Building Area Total Metres 2208.94
Main Level Areas SquareFeet

Exterior Features

Inclusions None.
Foundation Poured Concrete
Building Area Total 23777.00
Lot Size Acres 0.19
Lot Size Square Feet 8276

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in T4N 1X4

Price
AVG $3.8M
$4M
Year Built
AVG 1987
1977
Visits
AVG 6
15
Data Provided by Inside Real Estate®

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