T4R Residential Land & Home Lots for Sale

Commercial Real Estate in T4R available for sale

Land Properties for Sale Within of T4R

1702-1738 49 Av

Red Deer, AB T4R 2N7

Land for Sale
$14,478,000 CAD
7.62 AC Lot

Red Deer Land for Sale

• Prime High Exposure development land - three lots • Over 250 m of frontage on Highway 2 • Flexible Major Arterial Commercial (C-4) Land Use • Adjacent to Westerner Park • Traffic Count on QE2 / Highway 2 (’24) - South of Gasoline Alley east ramp, south of Red Deer (33,200 vpd) - North of Gasoline Alley east ramp, south of Red Deer (31,330 vpd) • Access from Highway 2 from Gasoline Alley East and 19th Street

Contact:

Avison Young

Property Subtype:

Commercial

Date on Market:

2025-04-25

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2929 50 Av

Red Deer, AB T4R 1H1

Land for Sale
$2,121,000 - $5,523,000 CAD
1.01 - 1.62 AC Lots

Red Deer Land for Sale

Black Knight Inn was a former 98 room landmark hotel in Red Deer but given the sharp downturn in the hospitality industry and the age and condition of the buildings, the new owners have made the difficult decision to redevelop the property with the removal of the hotel to be completed in early to mid 2022. The site is a 2.63 acre corner lot situated on a major arterial road in the heart of Red Deer's south retail node. It's located at the controlled intersection of 30th Street and Gaetz Avenue and is just south of one of Red Deer's busiest intersections (32nd Street). Minutes away from all major retailers including Canadian Tire, Walmart, Home Depot, Lowes, and Hudson's Bay, this site can be redeveloped into a variety of uses including anchor box, general retail, hotel, mixed-use, medical, and multi-family. The north 3 acres of the property has been sold.