4826 50 Street, Red Deer

2026-09-08

4826 50 Street, Red Deer, Alberta

36370 ft²
For Sale Other
$3,399,000

MLS®#A2342417

Downtown Investment Opportunity! Located in the heart of downtown Red Deer, along busy 50th (Ross) Street, this 3-storey office building with two additional parking lots is available for sale. Bishop Place is 36,370 SF over 4 floors (including the basement). The building is anchored by long-standing main floor tenant, Rexall Pharmacy. There are 5 parking stalls at the rear of the building. Included in the sale are two additional parking lots on separate titles, located at 5010 48 Avenue, Red Deer (12,500 SF - 35 stalls) and 4819 51 Street, Red Deer (6,250 SF - 13 stalls). Both parking lots are fully paved and have power service and plug-in's for each stall. The building is located directly across from City Hall Park and just down the street from the Ross Street Patio. This is an excellent opportunity for an owner/user looking for office space downtown or investment. The properties are professionally managed by Sunreal Property Management. (id:32467)

Building Other
Rooms
Bedrooms
Bathrooms 0
Square Footage 36370 ft²
Built in 1999
Parking Type
Neighbourhood Red Deer

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

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$500,000

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Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 3% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

Q.
What do you charge?

For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

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

Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.

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Bhavya
Bhavya Soni

Associate

Opendreamdoorswithbhavya@gmail.com

7807070479

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 published TWICE, first as #5 agent in the "TOP 10 AGENTS IN EDMONTON 2024" & #10 agent in the "TOP 10 AGENTS IN EDMONTON 2025" while being pregnant with her first child...
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