JN REAL ESTATE GROUP

Downtown Red Deer

FOR LEASE

$4,788

LEASE RATE · PER SQ. FT. / YEAR

Unit 105 Basement, 4819 48 Avenue , Red Deer · T4N 3T2

MIXED USE · BUILT 1960

MLS A2346340 · 0 DAYS ON MARKET

Interested in this commercial property?

JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.

RE/MAX Complete Realty · Calgary

ABOUT THIS PROPERTY

Located on the lower floor, this unit is 228 sf; the interior features a wide-open space. The unit is well-suited for a range of business and retail uses. Washrooms are shared facilities for this unit. The unit is forced-air, natural-gas-heated, and has air conditioning. Situated on a high-visibility corner with signage facing 48 Avenue, the property benefits from excellent exposure and walkability, positioned near City Hall, the new Courthouse, Sorenson Station, transit, restaurants and downtown services. The property benefits from nearby amenities and convenient access for staff and clients. Possession is negotiable. Ideal for businesses seeking visibility, efficiency, and value in a central location. There is no parking available on site; however, there is ample street parking available around the building and public parking lots are available nearby. Competitive lease rate. Don’t miss out on this ideal space for your business. Perfect for retail, office, or professional use! Triple Net is $8.25/sqft for 2026 estimated. Owner willing to undertake Tenant improvements on offer.

DETAILS

TRANSACTION

TRANSACTION
For Lease
LEASE PERIOD
Annually
LEASE MEASURE
Square Feet

BUILDING

TYPE
Mixed Use
YEAR BUILT
1960
ROOF
Asphalt/Gravel

COMMUNITY

COMMUNITY
Downtown Red Deer
ZONING
C-1
POSTAL CODE
T4N 3T2

UTILITIES & COSTS

HEATING
Floor Furnace · Natural Gas
COOLING
Central Air

LISTING COURTESY OF JAMES WYSZYNSKI · REALTY EXECUTIVES ALBERTA ELITE

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.