For Sale · Red Deer · Other

$329,000

5912 54 Avenue, Red Deer

1,986

Sq Ft

1981

Built

About This Home

The details.

This 1,986 SF building in Riverside Meadows is available for sale. This well kept building has a front office / retail area of approximately 550 SF with two recently renovated washrooms, one office, and an open mezzanine above. The warehouse has a 12' x 12' overhead door, fluorescent lighting, a floor drain and a hanging forced air furnace. There is a fenced, graveled yard space in the rear that is approximately 49' by 30' (1,470 SF). The front parking is not a part of the property, but there is an annual agreement with the City of Red Deer on the title for usage. The property is also available for lease. (id:66635)

Summarizing the highlights...

MLS® A2247930Listing courtesy of RE/MAX Commercial PropertiesView on map

Property Details

Facts & features.

Property type: Other
Ownership: Freehold
Year built: 1981
Size: 1,986 sqft
Listed on: 2025-08-12
Days on market: 337
MLS number: A2247930
Data source: Central Alberta REALTORS® Association

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$1,539

$263,200 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$1,539

Cash flow

-$1,539

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Red Deer right now

197

Active listings

206

New this week

$429,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Red Deer.

Household and demographic stats for Red Deer, from the Statistics Canada 2021 Census.

100,844
Population (2021): 38.8
Median age: 40,510
Households: 2.4
Avg household size: 64.8%
Home ownership: $85,000
Median household income

Red Deer market trends

Source: Statistics Canada 2021 Census, Red Deer, City, Alberta.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.