4606 48 Avenue, Red Deer
Turnkey professional office opportunity in Downtown Red Deer. Positioned on a high exposure lot along 48 Avenue, this extensively renovated C-1 zoned commercial property offers an excellent opportunity for investors, owner-users, or professionals seeking a standalone office/clinic space with on-site parking and strong curb appeal. The property has been thoughtfully configured for health, wellness, counselling, medical, massage, acupuncture, esthetics, or other professional office uses.The main floor features approximately 695 sq. ft. above grade with a welcoming reception and waiting area, two spacious treatment/offices, staff/admin workspace, washroom with shower, and a functional kitchenette/staff area. Large windows and multiple skylights create a bright and inviting atmosphere throughout the space. The unfinished basement provides excellent storage, utility, and future development potential. Originally renovated in 2008 with several office improvements, updates reportedly included windows, doors, plumbing, heating, and interior office conversion. The layout is efficient and professional, allowing for multiple practitioners, private offices, or a reception-based business model.Situated on a 3,909 sq. ft. lot with rear parking (5 or 6 stalls) and convenient access, the property benefits from excellent visibility in the Downtown Red Deer corridor. C-1 zoning supports a wide range of commercial and mixed-use possibilities, making this an attractive long-term hold or owner-occupier investment. Property details indicate approximately 741 sq. ft. above grade and C-1 land use zoning. A rare opportunity to acquire an affordable standalone commercial building with parking, exposure, and flexible use potential in Central Red Deer. The operating business currently occupying the premises may be available separately from the real estate. (id:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property details for 4606 48 Avenue, Red Deer
- Type
- Commercial
- Living Area
- 741 square feet
- Lot Size
- 3909.00
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Annual Taxes
- $5,013 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 4606 48 Avenue
Active Listings
132
Min Price
$88,900
Max Price
$5,500,000
Avg Price
$564,260
Days on Market
67
days
Sold Listings
66
Min Sold Price
$134,900
Max Sold Price
$5,700,000
Avg Sold Price
$517,447
Days until Sold
53
days
Neighbourhood Census Data
Red Deer, Alberta
Population
632
Median Age
53
Median Income
$30,016
Dwelling Value
$250,084
Housing Tenure
Owners 43%
Renters 56%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.5
Pop. Density: 1,992.4/km²
Avg Shelter Cost: $815/mo
Owners with Mortgage: 28.9%
Owners Spending 30%+: 13.5%
Tenants Spending 30%+: 51%
English only: 95.2%
English and French: 4%
Neither: 0.8%
Median Household Income: $42,453
Median Employment Income: $28,544
Price History
Listed
May 8, 2026
by Century 21 Advantage
Current Price
$349,900
-5.4% from last change
Type
Commercial
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $349,900 | $20,000 (-5.4%) |
| Aug 18, 2026 | $369,900 | $5,000 (-1.3%) |
| Jun 27, 2026 | $374,900 | Listed |
