• Price 729,900
  • Office For Sale
  • MLS A2334814
  • 8,000
4811 48 Street
Red Deer, Alberta T4N 1S6

This two storey walk up stand alone building (slab on grade) is conveniently located directly across from Red Deer’s new Courthouse/Justice Centre and the Red Deer Transit Station hub.
There are extensive developments on both floors- Main floor 14 offices and one boardroom; Second floor potential of 10 offices ( currently configured as 5 offices and 3 training rooms plus a boardroom).
The building has historically been office use however main floor could be converted to a retail space. Second floor has separate entry and exits on the west side of the building; potential to be rented out as one or two units.
Parking- surface parking at the rear of the building up to 7 vehicles ( 2 stalls are tandem); metered parking in front with multiple public and private offsite parking options all within 300 Feet of the building.
Owners recently modernized/renovated the front of the building (2025)
An excellent opportunity to purchase a downtown asset with a convenient location at an affordable price!
Building is also available for lease; see MLS A2303514

  • TypeCommercial
  • TransactionFor Sale
  • NeighbourhoodDowntown Red Deer
  • Commercial TypeOffice
  • Building NamePeterson Building
  • Building Size8,000 sqft
  • FoundationSlab
  • Air ConditioningFull, Other
  • HeatingForced Air, Natural Gas
  • Inclusionsall blinds and window coverings currently on property
  • ZoningC-1
  • Year Built1979
All information displayed is believed to be accurate but is not guaranteed by Central Alberta REALTORS® Association and should be independently verified. No warranties or representations of any kind are made.