4801 51 Avenue, Red Deer

  • Living area: 9452 square feet
  • Type: Commercial
  • Added: 1 week ago
  • Updated: 1 hour ago
  • Last Checked: 1 minute ago
  • Listed by: RE/MAX Commercial Properties

Listing description
This Commercial listing at 4801 51 Avenue Red Deer, AB with the MLS Number a2275013 listed by Cameron Tomalty - RE/MAX Commercial Properties on the Red Deer market 1 week ago at $1,190,000.

Excellent investment opportunity located in the heart of downtown Red Deer. This well maintained 9,452 SF building is available for sale. The building includes 6 main floor commercial units - 5 that are leased to long term tenants and 1 that is currently vacant and available for lease. All of these units have large windows along the front that bring in plenty of natural light. There is a shared hallway accessible from the back of the units that includes a shared washroom for the main floor tenants, and access to the second floor. The second floor has 2 additional units that have the potential to be converted to residential for additional income generation in the future. Parking on site is limited to availability for clients and customers of the tenants only, with ample public parking options in the nearby area. This property offers excellent visibility from Gaetz Avenue Southbound where thousands of cars pass by daily. (id:1945)
Powered by REALTOR.ca
This listing content provided by REALTOR.ca has been licensed by REALTOR®
members of The Canadian Real Estate Association
Property Details Key information about 4801 51 Avenue
  • Year Built: 1951
  • Structure Type: Retail
  • Building Area Total: 9452
Interior Features Discover the interior design and amenities
  • Living Area: 9452
  • Above Grade Finished Area: 9452
  • Above Grade Finished Area Units: square feet
Exterior & Lot Features Learn about the exterior and lot specifics of 4801 51 Avenue
  • Lot Size Units: acres
  • Lot Size Dimensions: 0.38
Location & Community Understand the neighborhood and community
  • Subdivision Name: Downtown Red Deer
Tax & Legal Information Get tax and legal details applicable to 4801 51 Avenue
  • Tax Lot: 1-4
  • Tax Year: 2025
  • Tax Block: 9
  • Parcel Number: 0015586184
  • Tax Annual Amount: 24850
  • Zoning Description: C-1
Additional Features Explore extra features and benefits
  • List A O R: Red Deer (Central Alberta)
  • List A O R Key: 25
  • Geocode Manual Y N: 1

Nearby Listings Stat Estimated price and comparable properties near 4801 51 Avenue

Active listings
96
Min Price
$0
Max Price
$4,600,000
Avg Price
$569,337
Days on Market
77 days
Sold listings
41
Min Sold Price
$36,000
Max Sold Price
$1,950,000
Avg Sold Price
$457,929
Days until Sold
72 days

Nearby Places Nearby schools and amenities around 4801 51 Avenue

Outreach School Centre (0 km)
Red Deer

Original Joe's Restaurant & Bar (0.1 km)
4720 51 Ave, Red Deer

Red Deer Mongolie Grill (0.2 km)
5212 48 St, Red Deer

Pho Thuy Duong Vietnamese Restaurant (0.4 km)
5108 52 St, Red Deer

Noodle House The (0.5 km)
4815 48 Ave, Red Deer

50th Street Tandoor and Grill (0.7 km)
4707 50 St, Red Deer

One Eleven Grill (0.7 km)
5301 43 St, Red Deer

Shiso Japanese Restaurant (1 km)
3731 50 Ave, Red Deer

Las Palmeras (1.1 km)
3630 50 Ave, Red Deer

La Casa Pergola (0.2 km)
4909 48 St, Red Deer

The Redstone Grill & Wine Bar (0.3 km)
5018 45 St, Red Deer

City Roast Coffee (0.2 km)
4940 50 St, Red Deer

Canada Safeway Limited (0.5 km)
4407 50th Avenue, Red Deer

Dairy Queen (0.6 km)
4202 Gaetz Ave, Red Deer

Red Deer Lodge Hotel and Conference Centre (0.6 km)
4311 49 Ave, Red Deer

Super 8 Red Deer City Centre (0.6 km)
4217 50th Ave, Red Deer

Price History

December 16, 2025
by RE/MAX Commercial Properties
$1,190,000
4801 51 Avenue
More Details?
  • Cameron Tomalty
  • RE/MAX Commercial Properties
  • 403-350-0075

Nearby Cities Listings Avg. price
Blackfalds Real Estate 62 $612,924
Rural Red Deer County Real Estate 86 $865,207
Sylvan Lake Real Estate 93 $772,490
Rural Lacombe County Real Estate 54 $1,126,095
Lacombe Real Estate 63 $481,225
Rural Ponoka County Real Estate 108 $327,958
Popular Cities Listings Avg. price
Edmonton Real Estate 3871 $607,183
Calgary Real Estate 4125 $731,459
Vernon Real Estate 585 $992,999
Grande Prairie Real Estate 317 $716,895
Kelowna Real Estate 1161 $1,298,531
Kamloops Real Estate 650 $855,731