Scott Russell
(403) 874-2381
MaxWell Canyon Creek
403-278-8899
101, 2030 50 Avenue
Red Deer , Alberta T4R 1Z4
Red Deer , Alberta T4R 1Z4
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101, 2030 50 Avenue For Sale
$2,800,000
An exceptional opportunity to acquire a fully leased retail plaza at 2067 50 Avenue, a high-traffic commercial corridor in southeast Red Deer. Strategically positioned with excellent exposure and dual access, this modern strip centre offers consistent visibility and accessibility in a growing trade area.
The property features a well-balanced mix of established tenants, including Five Guys and Chatters, representing strong national brands in the food and personal care sectors. Their presence contributes to excellent income stability and zero vacancy. Built in 2014, the building showcases durable construction, ample surface parking, and lasting curb appeal—making it an attractive asset for long-term ownership.
Zoned C2A, the plaza is ideally situated among established residential communities, complementary retail amenities, and major transportation corridors. This zoning supports a broad range of commercial uses, enhancing long-term tenant demand and offering strong potential for future redevelopment. A prime investment opportunity for buyers seeking secure cash flow, future upside, and a presence in one of Red Deer’s most active retail zones.
Transaction Type
For Sale
For Sale
Days On Market
1
1
Zoning
C-4
C-4
Subdivision
South Hill
South Hill
Year Built
2001
2001
Structure Type
Low Rise (2-4 stories)
Low Rise (2-4 stories)
Property Type
Commercial
Commercial
Property Sub Type
Retail
Retail
Legal Plan
0023042
0023042
Building Area (Sq. Ft.)
121191.00
121191.00
Building Area (Sq. M.)
11258.92
11258.92
Lot Size (Sq. Ft.)
5000
5000
Lot Size (Acres)
0.11
0.11
Inclusions
N/A
N/A
Restrictions
Call Lister
Call Lister
Reports
Call Lister
Call Lister