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+5 more

4811 48 Street, Red Deer, Alberta

$10 /sq ft/yr For Lease

8,000

Square feet

0.1300

Acres

About 4811 48 Street

Office or retail opportunity directly across from Red Deer’s new courthouse and justice centre. Very conveniently located with Transit hub, City Hall and Library only 1 block away. The long-time owners completed an exterior facelift (2025) with a modern updated curb appeal. 
The building has served a variety of businesses and organizations over the years and has been well maintained. The main and second floors have set up for separate entrance and exits. See MLS listings for main and second floor lease options 
The current layouts are offices and meeting rooms (main and upper floors) with T-bar ceilings and inset fluorescent light fixtures. The main floor could be reconfigured for retail use. 
Up to 7 surface parking stalls at back of building, $90/month/stall; additional off site parking nearby including City of Red Deer parkade with month-to-month parking options. 
Rented to a single tenant the common costs for the building are estimated at $4.80 per square foot for 2026, property taxes and insurance included. 
Building is also available for sale MLS2334814
