4903 50 AVE Red Deer, AB T4N 4A8

Located at the prominent northeast corner of Gaetz Avenue and 49th Street, this 17,339 sq. ft. office/retail building offers exceptional visibility in one of Red Deer's busiest downtown intersections. With frontage along 49th Street and convenient access from both the main corridor and a rear laneway, the site also benefits from 10 surface parking stalls and abundant surrounding street parking.

Zoned C1 (Commercial City Centre), the property supports a wide range of potential uses, including retail, office, and multifamily redevelopment. The building includes a well-finished interior with multiple private offices, elevator service, large basement storage, a bank safe, and fiber internet infrastructure already in place. The floor plates comprise 6,324 sq. ft. on the main floor, 4,691 sq. ft. on the second level, and 6,324 sq. ft. in the basement, all on a 0.26-acre site.

This is an ideal opportunity for an owner-user seeking a central location with immediate occupancy, or an investor targeting value-add potential in Alberta's third-largest city. The site is within walking distance of City Hall Park, the Red Deer River, Rotary Recreation Park, and major retailers such as Freshco and Superstore.