Commercial Property for Sale near Penhold

Red Deer County Retail for Sale

Marcus & Millichap Western Canada NNN Group is pleased to present the opportunity for an investor to acquire 135 Leva Avenue, Red Deer, Alberta (the “Subject Property”). The Subject Property is tenanted by Smitty’s, a national casual dining restaurant chain with over 80 locations across Canada, and is complemented by Tempo, an independent fuel operator serving Western Canada since 1960. The site also features Tesla Supercharger stations, adding a modern EV infrastructure component to the property's tenant mix. The Subject Property is located in Red Deer’s 'Gasoline Alley', along Highway 2 - one of Alberta’s busiest transportation corridors and is surrounded by major national and regional retailers.

Property Subtype:

Restaurant

Date on Market:

2026-03-25

Red Deer County Office for Sale

Salomons Commercial is pleased to offer for sale or lease a freestanding office building located at 518 Laura Avenue in Red Deer County. Situated in the heart of Gasoline Alley West—one of Central Alberta’s most active and strategically positioned commercial corridors—this professional office facility provides 7,747 square feet of space on a 1.5-acre parcel. Constructed in 2014, the building features a functional main-floor office layout with upper-level storage, abundant surface parking, and significant undeveloped land on the west portion of the site, offering potential for future expansion. The property is easily accessed from both Highway 2 (QEII) and Highway 2A, providing strong visibility and regional connectivity. The current tenant will be vacating the premises, making the property available for occupancy. Surrounded by significant commercial and residential developments, including Costco, Liberty Landing, and the Gasoline Alley Farmers’ Market, this offering is well-suited for owner-users, tenants, or investors seeking a well-located and flexible office asset. Possession is negotiable.

Date on Market:

2026-02-05

Red Deer County Land for Sale

Property Subtype:

Commercial

Date on Market:

2025-09-23

Red Deer County Land for Sale

Prime land opportunity for sale. 12.64 acres with highway frontage. This lot could be further subdivided. The services run along the north boundary and require to be stubbed into each of the proposed lots, at developer’s cost. The minimum lot frontage is 30 meters (100 ft.). This lot is zoned as General Commercial District (C-2). The offsite levies have been paid on this parcel.

Property Subtype:

Commercial

Date on Market:

2024-01-17

Red Deer County Land for Sale

Realtors and Developers welcome

Property Subtype:

Commercial

Date on Market:

2026-02-13

Red Deer Land for Sale

This 9.61-acre commercial development parcel is strategically located at the intersection of Highway 2 and McKenzie Drive in Gasoline Alley West, one of Central Alberta’s most active and established commercial corridors. The property offers direct highway visibility with traffic counts exceeding 30,000 vehicles per day, ensuring exceptional exposure for future development. All municipal services, including water, sewer, natural gas, electrical, and telecom, are available at the lot line, providing a ready-to-build opportunity. The site is zoned C-2, allowing for a wide range of commercial uses. No development permit has been issued, giving buyers a clean slate for custom development. Off-site levies have been resolved, and a full due diligence package is available for review. The property benefits from proximity to major retail and industrial operators, including Leon’s and Bluebird Storage, and is subject to restrictive covenants that maintain quality standards for future development. These covenants prohibit certain entertainment uses, heavy industrial operations, and self-storage facilities, ensuring a cohesive commercial environment.

Property Subtype:

Commercial

Date on Market:

2026-04-01

Red Deer County Land for Sale

A strategically positioned 0.75-acre redevelopment site situated in the thriving Gasoline Alley East, directly along the Queen Elizabeth II Highway. This high-traffic location boasts exposure to over 59,000 vehicles daily, offering unparalleled visibility and commercial potential. Priced based on land value alone, this parcel is zoned C3, suitable for a variety of commercial uses. The property is surrounded by a robust mix of established businesses including McDonald’s, Tim Hortons, Shell, 7-Eleven, Holiday Inn & Suites, Harley Davidson, and Esso, contributing to the site’s strong commercial synergy. This parcel presents a significant opportunity for investors or entities aiming to maximize a high-profile location’s redevelopment potential.

Property Subtype:

Commercial

Date on Market:

2024-05-14

Red Deer County Industrial for Sale

The property boasts nine rear overhead doors, a separate mezzanine with two offices, a staff room, and a washroom. The primary shop area offers 21,702 square feet of rentable floor space, complemented by a partition wall creating an additional 2,639 square feet of versatile usage. Designed for low maintenance, it features radiant heating, 200-amp power supply, and complete paving around the property, along with separate fenced 14x14' storage yards on the North side. This is a unique opportunity to acquire a cutting-edge industrial property offering not only a state-of-the-art facility but also substantial cost savings and durability. Whether you're expanding your business, starting a new venture, or seeking a secure investment, this judicial listing provides unmatched potential. Act promptly to secure your interest in this outstanding property.

Date on Market:

2024-02-26