4948 54th Avenue, Red Deer, Alberta

$599,000

Previous Next

5,870

Square feet

About 4948 54th Avenue

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:36535)

Features of 4948 54th Avenue

Listing # A2290907
Price $599,000
Bathrooms 0.00
Square Footage 5,870
Acres 0.00
Year Built 1962
Type Industrial
Sub-Type Freehold

Community Information

Address 4948 54th Avenue
Subdivision Railyards
City Red Deer
Province Alberta
Postal Code T4N5K8

Amenities

Parking Spaces 25
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Listing Details

OfficeCourtesy Of CIR Realty

Listing Map