$2,250,000.00 8,952 Sq.ft

#101-304, 5011 39 Street , Red Deer. T4N 0Z6

Description

18 suite apartment building adjacent to the Red Deer Regional Hospital which is currently undergoing a $1 billion expansion that will provide 3,000 direct jobs. Suite mix is 3 - 2br, 14 1br and 1 bachelor (which has just become vacant and is being renovated). New shingles and exterior concrete work completed in 2025. Some new windows. Newer boiler and hot water tank. RPR has been ordered. This building is one of four buildings offered by the same owner and can be purchased individually or as a package. The other buildings are located at 4920-47 St (24 suites), 4744 - 54 St (24 suites) and 4721 - 55 St (40 suites).

Listing Information

Prop. Type:Commercial
Status:Pending
MLS #:A2278693
City:Red Deer
Neighbourhood:South Hill
Province:Alberta
Building/Unit Size: 8,952 sq.ft
Land Size:0.00 Acre
Listing Price:$2,250,000.00
Lease Rate: $0.00
Business Type:
Property Subtype:Multi Family
Transaction Type:For Sale
Land Use Code:R-M
Listing Contract Date:2026-01-10

For fast response, please email us via the “Inquiry Via Email” button with your contact information.

To purchase a business or property, please visit "Our People", to find a commercial expert who specializes in the type of business or property you are looking for, speaks your language, and has an office in your city.

This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "RE/MAX real estate central alberta" listing brokerage.

Google map