4948 54th Avenue, Red Deer, Alberta T4N 5K8

Listed for:
$599,000
0 beds
0 baths
Listed 30 days ago
4948 54th Avenue, Red Deer, Alberta T4N 5K8

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About

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:27476)

Property Highlights

MLS® Number
A2290907
Type
Industrial
Community Name
Railyards
Ownership Type
Freehold
Land Size
Unknown
Parking Space Total
25

Building

Square Footage
5870 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
CIR Realty
MLS® number:
A2290907
Agent:
Justin Gaspari
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