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5315 54 St - For Sale | Railyards Assembly 0.56 - 2.33 Acre Commercial Land Lots Offered at $425,000 - $1,275,000 CAD Per Lot in Red Deer, AB T4N 2G9
Investment Highlights
- Central Location With Surrounding Established Retail & Service Uses
- Easy Access to Gaetz Ave (Highway 2A)
- Multi-Parcel Assemblage
- Surface Parking
- Strong Exposure Along 53 Ave & 54 St
Executive Summary
Rare multi-parcel assemblage in central Red Deer featuring three properties with exceptional visibility along 53 Ave and 54 St, just east of Gaetz Ave (Hwy 2A). The offering includes ±2.33 acres of land plus a ±5,200 SF building on 0.56 acres with multiple drive-in doors, ample power, and surface parking. Surrounded by established amenities including the Real Canadian Superstore, Shoppers Drug Mart, Famoso Neapolitan Pizzeria, major banks, and national retailers, the site benefits from strong daily traffic and convenience.
Immediate availability in a highly accessible, central location.
Immediate availability in a highly accessible, central location.
Taxes & Operating Expenses (Actual - 2025) |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Taxes |
$132,012
|
$45,679.00
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$132,012
|
$45,679.00
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | $132,012 |
| Annual Per AC | $45,679.00 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $132,012 |
| Annual Per AC | $45,679.00 |
Property Facts
| Price | $425,000 - $1,700,000 CAD | Property Type | Land |
| Sale Type | Owner User | Property Subtype | Commercial |
| No. Lots | 2 | Total Lot Size | 2.89 AC |
| Zoning | DC(28) - Direct Control 28 (DC(28)) District - Downtown / Gaetz Corridor | ||
| Price | $425,000 - $1,700,000 CAD |
| Sale Type | Owner User |
| No. Lots | 2 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.89 AC |
| Zoning | DC(28) - Direct Control 28 (DC(28)) District - Downtown / Gaetz Corridor |
2 Lots Available
Lot 1 & 2
| Price | $1,275,000 CAD | Lot Size | 2.33 AC |
| Price Per AC | $547,210.30 CAD |
| Price | $1,275,000 CAD |
| Price Per AC | $547,210.30 CAD |
| Lot Size | 2.33 AC |
1) 5310 - 53rd Avenue Lot 4; Plan 72NY 1.24 AC Zoned - Direct Control 28 (DC(28)) District - Downtown 2) 5450 - 53rd Avenue Lot 14; Block 5; Plan 1125032 1.14 AC Zoned - Direct Control 28 (DC(28)) District - Downtown
Lot 3
| Price | $425,000 CAD | Lot Size | 0.56 AC |
| Price Per AC | $758,928.57 CAD |
| Price | $425,000 CAD |
| Price Per AC | $758,928.57 CAD |
| Lot Size | 0.56 AC |
3) 5315 - 54 Street Lot 9; Block 4; Plan 5879HW ±5,200 SF building on 0.56 AC Zoned - Direct Control 28 (DC(28)) District - Downtown 1 Drive-In Bay (10’ x 12’) 2 Drive-In Bays (20’ x 12’) Electrical Service - 200A, 120/240V (TBV)
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Exceptionally bikeable
90/100
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5315 54 St - For Sale | Railyards Assembly
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