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)

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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

Min Price

Max Price

$4,600,000

Avg Price

$569,337

Days on Market

77 days

Sold listings

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

Listed

December 16, 2025

by RE/MAX Commercial Properties

Commercial For Sale

$1,190,000

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4801 51 Avenue, Red Deer

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.

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

Nearby Places Nearby schools and amenities around 4801 51 Avenue

Price History

Similar Commercial Listings For Sale

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.