4819 48 Avenue, Red Deer

2026-09-19

4819 48 Avenue, Red Deer, Alberta

9750 ft²
For Sale Other
$879,900

MLS®#A2346263

Excellent investment opportunity! This two-storey building is conveniently located directly across from Red Deer’s new Courthouse/Justice Centre and near the Red Deer Transit Station hub Located directly on 49th Street in the heart of Downtown Red Deer, this commercial property offers high-visibility storefront placement with strong foot and vehicle traffic. The property spans a generous 9,750" sq. ft." above grade. Originally constructed in 1960, the building’s substantial footprint and flexible layout make it an ideal candidate for single-tenant operations or multi-tenant retail and service buildouts. The main floor has 2 long-term tenants and vacant space for an additional tenant, with space of 1185 Sq ft. Second floor currently configured as 5 offices, and office 2/3 as training rooms or a boardroom and foyer area as a welcoming reception area. The basement area has an additional 7 offices or retail space, all varying in size; 2 units are also rented by long-term tenants. All floors have washroom facilitiesA large public metered parking lot is located near the building, with metered street parking stalls in front. The Downtown area has new programs in place to help create more activity and enhance public shopping; as well there is a lot of new development in the area that is creating more consumer traffic.With its flexible C-1 Commercial zoning, the site accommodates a broad spectrum of business applications, from retail to professional offices. An excellent opportunity to purchase a downtown asset with a convenient location at an affordable price! The building is also available for lease. (id:32467)

Building Other
Rooms
Bedrooms
Bathrooms 0
Square Footage 9750 ft²
Built in 1960
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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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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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.

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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.

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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...