Just Listed
Address
4826 50 Street, Red Deer, AB
Price
$ 3,399,000
Property Attributes
  • MLS#A2342417
  • Type
  • Listing Status Active
  • CityRed Deer
  • NeighbourhoodDowntown Red Deer
  • Postal CodeT4N 1X4
  • StyleLow Rise (2-4 stories)
  • Year Built1999
  • Price$ 3,399,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Pillar 9 Technologies
Property Description

Downtown Investment Opportunity! Located in the heart of downtown Red Deer, along busy 50th (Ross) Street, this 3-storey office building with two additional parking lots is available for sale. Bishop Place is 36,370 SF over 4 floors (including the basement). The building is anchored by long-standing main floor tenant, Rexall Pharmacy. There are 5 parking stalls at the rear of the building. Included in the sale are two additional parking lots on separate titles, located at 5010 48 Avenue, Red Deer (12,500 SF - 35 stalls) and 4819 51 Street, Red Deer (6,250 SF - 13 stalls). Both parking lots are fully paved and have power service and plug-in's for each stall. The building is located directly across from City Hall Park and just down the street from the Ross Street Patio. This is an excellent opportunity for an owner/user looking for office space downtown or investment. The properties are professionally managed by Sunreal Property Management.

Price History
9/8/2026 Listed $3,399,000

General Features

Zoning C-1
Restrictions None Known
Year Built 1999
Property Subtype Mixed Use
Transaction Type For Sale
County Red Deer
Property Type Commercial
Subdivision Name Downtown Red Deer
Status Active
City Red Deer
Structure Type Low Rise (2-4 stories)
Standard Status Active

Interior Features

Below Grade Finished Area Unit Type SquareFeet
Building Area Total SF 36370.00
Building Area Total Metres 3378.86
Main Level Areas SquareFeet

Exterior Features

Inclusions N/A
Building Area Total 36370.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Average in T4N 1X4

Price
AVG $3.8M
$3.4M
Year Built
AVG 1987
1999
Visits
AVG 6
4
Data Provided by Inside Real Estate®