4948 54th Avenue, Red Deer

2026-03-05
 

Quick Summary

Location
4948 54th Avenue, Red Deer, Alberta T4N5K8
Price
$799,000 CAD
Status:
For Sale
Property Type:
Business
Area:
5870 sqft
Year of Construction:
1962

MLS®#A2290907

Property Description

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:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 5870 sqft

Land

  • Land Size: Unknown

Ownership

  • Type: Freehold

Zoning

  • Description: DC(28)

Information entered by CIR Realty
Listing information last updated on: 2026-03-05 05:17:50


Book your free home evaluation with a 1% REALTOR® now!


How much could you save in commission selling with One Percent Realty?

Slide to select your home's price:

$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

Send a Message


One Percent Realty's top FAQs

Q
What is the deal exactly, with One Percent Realty?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

Q
What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

Q
Are your listings on MLS® and realtor.ca?

Yes, and yes.


Learn more about the One Percent Realty Deal

 

Bhavya Soni Associate

Phone:
7807070479
Email:
Opendreamdoorswithbhavya@gmail.com
Support Area:
Edmonton, Beaumont, Fort Saskatchewan, Spruce Grove, Stony Plain, Sherwood Park, St Albert, Millet, Wetaskiwin, Calmar, Devon, Morinville, Westlock County, Red Deer, Rimbey, Athabasca, Leduc, Falun, Ponoka, Lacombe, Camrose, Thorby, Drayton Valley

Bhavya Soni is one of the top performing full-time agents of One Percent Realty. Her name has been p ...

Full Profile