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$625,000
Alberta,Red Deer
For Sale Active
4948 54th Avenue, Red Deer, Alberta T4N5K8
  • 5,870 Sqft
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Basic Details
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 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:64429)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: A2290907
  • Price: $625,000
  • Square Footage: 5,870 Sqft
  • Year Built: 1962
  • Status: Active
  • Property Sub Type: Business
  • Office Key: 54464
Address Map
  • Location: CA, Alberta, Red Deer, Railyards, T4N5K8
  • Street: 54th
  • Street Number: 4948
  • Street Suffix: Avenue
  • Longitude: W114° 10' 49.3''
  • Latitude: N52° 16' 18.6''
Financial
  • Tax Annual Amount: 7818
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Listing updated: 2026-04-28 19:24:59
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Listing Information
  • List Agent Key: 2204287
  • List Office Key: 54464
  • Modification Timestamp: 2026-04-28T18:41:02Z
  • Originating System Name: Calgary Real Estate Board
  • Status Change Timestamp: 2026-04-28T18:31:06Z
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Listing updated: 2026-04-28 19:25:00
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