Active

$599,000

4948 54th Avenue

Railyards, Red Deer

MLS® #A2290907

  • 5,870 Sqft
  • Built 1962
  • Industrial
  • ✓ 25+ Parking Spaces
  • ✓ Spacious Layout

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:66619)

Features

Interior

5,870 sqft

Parking

25 spaces

Year Built

1962

Location

Nearby schools, walkability, and amenity information is not yet available for this listing.

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Interested in this property?

Contact Kirsten Bernal for more information or to arrange a showing.

Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.


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