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$625,000
Est. payment /mo
Price Dropped by $174K
4948 54th AVE Red Deer, AB T4N 5K8
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Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Railyards
MLS® Listing ID A2290907
Year Built 1962
Annual Tax Amount $7,818
Tax Year 2024
Property Sub-Type Industrial
Source Calgary
Property Description
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 Railyards
Rare 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.
Rare 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.
Location
Province AB
County Red Deer
Zoning DC(28)
Interior
Inclusions All
Exterior
Total Parking Spaces 25
Others
Restrictions See Remarks
Tax ID 102744860
Ownership Other
Listed by CIR Realty
Nearby Locations
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