Nichols Real Estate Group
CIR Realty

Properties

Red Deer Commercial Properties

Jon, Denise, Joel and Jackie Nichols from CIR Realty consistently help clients achieve their real estate related goals by getting them acquainted with the Central Alberta real estate market.

Following are Commercial Properties for Sale or Lease in the City of Red Deer. Give us a call or email on any listings that you are interested about and we can arrange a viewing.

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  • in Red Deer: Northlands Industrial Park Industrial for lease : MLS®# A2275445

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    $10
    Commercial
    Status:
    For Lease
    MLS® Num:
    A2275445
    Build. Type:
    See Remarks
    Includes a fenced compound for exclusive Tenant use. Fenced area is approximately 48 x 88 feet and is situated next to the leased premises. Warehouse area : 12 x 14 high Overhead door, 42 inch man door; floor sump, upgraded warehouse lighting, one radiant tube heater and one overhead forced air heater. Open mezzanine above the office and reception area. Vent fan on West wall. Two washrooms; located near front office area. Office area: has been refreshed with paint, new LED lighting, new Vinyl Plank flooring, T bar ceiling and grid. Office is heated with a forced air furnace separate from the warehouse area. Layout is one office and open reception/ display or workstation area. This unit is ready for possession and is part of a 12 unit complex located in the Northland Industrial Park with convenient access to Gaetz Ave. Additional rents for 2026 estimated at $4.50 psf per year; Tenant will have their own electricity and gas meter; water and sewer is common. Rate shown is for year one of a multi year lease. More details
    Listed by Century 21 Maximum
    LISTING DETAILS

  • in Red Deer: Business for lease : MLS®# A2278746

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    Main Photo: in Red Deer: Business for lease : MLS®# A2278746

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    $750,000
    Commercial
    Status:
    For Lease
    MLS® Num:
    A2278746
    Well-established and highly profitable pool hall and bar offering approximately 30 pool tables. This turnkey operation features consistent cash flow, a strong customer base, and an efficient layout designed to maximize revenue. The business is fully built out with experienced staff in place, providing a smooth transition for a new owner. Multiple revenue streams include table rentals, food and beverage sales, league play, and private events. Significant upside potential exists through expanded hours, tournaments, and enhanced programming. The sale is due to owner retirement, creating a genuine opportunity to acquire a proven entertainment and hospitality business with an attractive return on investment. Confidential sale. Financial statements available to qualified buyers upon execution of a confidentiality agreement (NDA). More details
    Listed by Century 21 Bravo Realty
    LISTING DETAILS

  • in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2279494

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    Main Photo: in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2279494

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    $1,200,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2279494
    Now offering For Sale an Iconic 5450 sqft end unit building in downtown Red Deer, AB. This building has had some extensive renovations over the past few years. Upgraded electrical, plumbing, heating and sprinkler system. The building is currently set up as a boutique / cafe / night club for music venues, comedy and various entertainment. Comes equipped with a kitchen, entertainment stage, sound booth, eat up bar, tables and chairs. Employee lounging area is located on the upper level and features an outdoor patio. The main level has custom 2 tiered seating area, coat check and updated customer washrooms. Plenty of parking available with metered street parking and a large metered parking lot across the road. Also available "For Lease" under MLS# A2279511 More details
    Listed by Royal LePage Network Realty Corp.
    LISTING DETAILS

  • in Red Deer: Downtown Red Deer Mixed Use for lease : MLS®# A2279511

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    Main Photo: in Red Deer: Downtown Red Deer Mixed Use for lease : MLS®# A2279511

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    $15
    Commercial
    Status:
    For Lease
    MLS® Num:
    A2279511
    Now offering For lease. 5450 sqft mixed use building located in the heart of Downtown Red Deer, Alberta. Currently set up as a boutique / cafe / bar or a night club venue. The building has had extensive renovations to the electrical, plumbing and HVAC systems over the past few years. The main level features a kitchen, bar, sound stage, 2 tiered seating and large customer washrooms. The upper level is set up as an employee lounging area. Metered street parking and a metered parking lot across the road. Basic rent is set at $15.00 per sqft plus additional rent. Property is also "For Sale" under MLS A2279494 More details
    Listed by Royal LePage Network Realty Corp.
    LISTING DETAILS

  • in Red Deer: Downtown Red Deer Office for sale : MLS®# A2278982

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    Main Photo: in Red Deer: Downtown Red Deer Office for sale : MLS®# A2278982

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    $900,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2278982
    Build. Type:
    Low Rise (2-4 stories)
    Positioned on one of Red Deer’s busiest corridors—49th Avenue—this property offers a premium, high-visibility location with exceptional access to key downtown amenities, including City Hall, the Provincial Building, the Court House, and the library. Includes a 26-stall parking lot directly adjacent to the rear of building. The attractive two-story office building totals 4994 sq ft on each floor and sits on a 100' x 128' corner lot. Built in 1980, it has been continuously occupied by a law firm since construction. The main floor features a welcoming reception and waiting area, a boardroom, signing room, photocopy room, two washrooms, a storage room, and seven offices. The second floor includes an additional signing room, photocopy room, library, kitchen, multiple storage rooms, and nine offices. The building has been well maintained over the years and underwent significant exterior upgrades, including new siding, a roof replacement in 2016, and new windows and doors in 2022—enhancing its overall curb appeal. Metered street parking is available along 53rd Street. This building and parking lot are also available for lease under MLS 2278984. Also, a satellite staff parking lot (3 lots) is available separately for sale MLS 2278994 and for lease MLS A2279007 located half a block east (28 stalls plus storage shed). More details
    Listed by Century 21 Maximum
    LISTING DETAILS

  • in Red Deer: Downtown Red Deer Office for lease : MLS®# A2278984

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    Main Photo: in Red Deer: Downtown Red Deer Office for lease : MLS®# A2278984

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    $7
    Commercial
    Status:
    For Lease
    MLS® Num:
    A2278984
    Build. Type:
    Low Rise (2-4 stories)
    Positioned on one of Red Deer’s busiest corridors—49th Avenue—this property offers a premium, high-visibility location with exceptional access to key downtown amenities, including City Hall, the Provincial Building, the Court House, and the library. Includes a 26-stall parking lot directly adjacent to the rear of building. The attractive two-story office building totals 4994 sq ft on each floor and sits on a 100' x 128' corner lot. Built in 1980, it has been continuously occupied by a law firm since construction. The main floor features a welcoming reception and waiting area, a boardroom, signing room, photocopy room, two washrooms, a storage room, and seven offices. The second floor includes an additional signing room, photocopy room, library, kitchen, multiple storage rooms, and nine offices. The building has been well maintained over the years and underwent significant exterior upgrades, including new siding, a roof replacement in 2016, and new windows and doors in 2022—enhancing its overall curb appeal. Metered street parking is available along 53rd Street. This building and parking lot are also available for sale under MLS A2278982. Also, a satellite staff parking lot (3 lots) is available separately for sale MLS A2278994 and for lease MLS A2279007 located half a block east (28 stalls plus storage shed). More details
    Listed by Century 21 Maximum
    LISTING DETAILS

  • in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2278994

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    Main Photo: in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2278994

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    $300,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2278994
    Located in downtown Red Deer, this private parking lot spans three city lots (75’ x 128’) and offers approximately 28 parking stalls in a central, easily accessible location. The site includes a garage structure (equivalent to double bay garage) utilized for storage, which occupies three parking stalls and provides practical additional storage space. Garage structure will be removed at the end of current lease unless required for new tenant. This property is well suited for businesses or users seeking dedicated, off-street parking for staff or operational needs, offering a convenient and controlled alternative to public parking options. Its downtown location provides easy access to nearby offices, government buildings, and core amenities. This property is zoned C1 - City Center Commercial and could be developed for a variety of usages such as Apartment, Business Support Services, Mixed Use Building, Day Care Facility Commercial Entertainment Facility, Health and Medical Services, various retail businesses such as Liquor Store, Microbrewery, Restaurant, etc. Also listed for lease MLS A2279007 More details
    Listed by Century 21 Maximum
    LISTING DETAILS

  • in Red Deer: Downtown Red Deer Mixed Use for lease : MLS®# A2279007

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    Main Photo: in Red Deer: Downtown Red Deer Mixed Use for lease : MLS®# A2279007

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    $1,896.67
    Commercial
    Status:
    For Lease
    MLS® Num:
    A2279007
    Build. Type:
    See Remarks
    Located in downtown Red Deer, this private parking lot spans three city lots (75’ x 128’) and offers approximately 28 parking stalls in a central, easily accessible location. The site includes a garage structure (equivalent to double bay garage) utilized for storage, which occupies three parking stalls and provides practical additional storage space. Garage structure will be removed at the end of current lease unless required for new tenant. This property is well suited for businesses or users seeking dedicated, off-street parking for staff or operational needs, offering a convenient and controlled alternative to public parking options. Its downtown location provides easy access to nearby offices, government buildings, and core amenities. This property is zoned C1 - City Center Commercial and could be developed for a variety of usages such as Apartment, Business Support Services, Mixed Use Building, Day Care Facility Commercial Entertainment Facility, Health and Medical Services, various retail businesses such as Liquor Store, Microbrewery, Restaurant, etc. Also listed for sale MLS A2278994 More details
    Listed by Century 21 Maximum
    LISTING DETAILS

  • in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2276300

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    Main Photo: in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2276300

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    $499,900
    Commercial
    Status:
    Active
    MLS® Num:
    A2276300
    Build. Type:
    Mixed Use
    18,000 sq ft mixed-use building located on the high-visibility corner of Gaetz Avenue and 49 Street in the heart of Downtown Red Deer. The property features a basement plus three above-grade floors, each offering 4,500 sq ft connected by an elevator servicing all levels, including the lower floor. The main floor is currently home to a jewelry store and a clothing boutique. There are two spaces in the lower level, one occupied by Primeamerica and the other is vacant. The second, and third floors are fully built out for professional office use, with only one vacancy. Just one block from the popular Ross Street Patio, the building enjoys proximity to the downtown’s entertainment hub. The location is also adjacent to the weekly market on Gaetz Avenue, which brings a steady stream of local shoppers, artisans, and visitors. The building is heated by 4 forced air furnaces (two are new). Air conditioning is supplied from separate units for each space. Some A/C units are at the back of the building and some are on the roof. More details
    Listed by RE/MAX real estate central alberta
    LISTING DETAILS

  • in Red Deer: Downtown Red Deer Multi Family for sale : MLS®# A2278710

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    $4,600,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2278710
    4 storey walk-up apartment building in downtown Red Deer. 16 - 2 br suites and 24 - 1 br suites. Suites are spacious with galley kitchens, 4 pce bath, generous bedrooms, storage room and balcony (top 3 floors). Approximately 25% of the suites have been renovated. 2 laundry rooms with 2 coin operated washers and dryers in each. Roof is torch-on asphalt. 56 energized parking stalls. 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 5011 - 39 St (18 suites), 4744 - 54 St (24 suites) and 4721 - 55 St (40 suites). More details
    Listed by RE/MAX real estate central alberta
    LISTING DETAILS

  • in Red Deer: Downtown Red Deer Multi Family for sale : MLS®# A2278717

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    Main Photo: in Red Deer: Downtown Red Deer Multi Family for sale : MLS®# A2278717

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    $2,699,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2278717
    Well maintained 24 suite, 4 storey walk-up apartment on a quiet street in downtown with 16 - 1 bedroom and 8 - 2 bedroom suites. Suites are spacious and offer large kitchens, 4 pce bath, generous bedrooms, storage room and balcony (top 3 floors). Several suites have been upgraded in recent years and some windows have been replaced. Fully occupied.. 4 laundry rooms with 1 coin operated washer and dryer in each. 30 energized parking stalls. Roof is asphalt shingles. 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 5011 - 39 St (18 suites), 4920 - 47 St (24 suites) and 4721 - 55 St (40 suites). More details
    Listed by RE/MAX real estate central alberta
    LISTING DETAILS

  • in Red Deer: South Hill Multi Family for sale : MLS®# A2278693

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    Main Photo: in Red Deer: South Hill Multi Family for sale : MLS®# A2278693

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    $2,250,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2278693
    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). More details
    Listed by RE/MAX real estate central alberta
    LISTING DETAILS
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Data was last updated January 20, 2026 at 10:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.