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4825 47 St
Red Deer, AB T4N 1R3
Office Property For Sale

Investment Highlights
- Full-floor office suite with reception, private offices, and open work areas.
- Recently upgraded washrooms and full build-out condition for immediate use.
- Large windows throughout the space provide natural light and city views.
Executive Summary
Located in the heart of downtown Red Deer, this office space offers a full-floor opportunity within the Park Place building. The available suite spans 4,551 square feet and features an attractive reception area, approximately 12 private offices or multi-purpose rooms, and open areas with counters and sinks suitable for various uses. Large windows throughout the space provide abundant natural light, creating a bright and welcoming environment.
The building includes recently upgraded washrooms and offers a full build-out condition, ready for immediate occupancy. Positioned between 49th and 48th Avenues, the property provides excellent accessibility and visibility within the downtown core. Nearby amenities include retail, dining, and professional services, while public transit options are within walking distance, enhancing convenience for employees and visitors.
This property also includes an adjacent parking lot with approximately 20 spaces, generating additional income potential. The combination of functional office space and on-site parking makes this an appealing option for businesses seeking a central location in Red Deer’s business district.
The building includes recently upgraded washrooms and offers a full build-out condition, ready for immediate occupancy. Positioned between 49th and 48th Avenues, the property provides excellent accessibility and visibility within the downtown core. Nearby amenities include retail, dining, and professional services, while public transit options are within walking distance, enhancing convenience for employees and visitors.
This property also includes an adjacent parking lot with approximately 20 spaces, generating additional income potential. The combination of functional office space and on-site parking makes this an appealing option for businesses seeking a central location in Red Deer’s business district.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Office
Building Size
17,200 SF
Building Class
B
Year Built
2004
Price
$895,000 CAD
Price Per SF
$52.03 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,733 SF
Building FAR
1.04
Lot Size
0.38 AC
Zoning
C1 - Commercial (City Centre) District
Parking
11 Spaces (0.64 Spaces per 1,000 SF Leased)
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