$425,000
Prime opportunity in the heart of downtown Red Deer. This commercial parking lot at 4717 49 Street is zoned C-1 and is priced below the current City of Red Deer tax assessment, offering strong value for investors or businesses looking to secure a central location. 49 Street is one of Red Deer’s key downtown corridors placing this property in a high-visibility, high-traffic area with excellent access to surrounding businesses, services, restaurants, and downtown amenities. C-1 zoning (City Centre Commercial Zone) provides a wide range of permitted and discretionary uses, making this property more versatile than simply a parking lot. Some of the permitted uses under C-1 zoning include high density residential, mixed-use development, professional offices, retail stores, personal services, medical or dental clinics, business support services and many more. Whether you’re looking to continue using the site as a parking facility or explore future redevelopment options in a prime downtown location, this property offers flexibility, visibility, and long-term potential at a compelling price point. (id:57594)
Property Details
|
MLS® Number
|
A2272207 |
|
Property Type
|
Vacant Land |
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Neigbourhood
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Parkvale |
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Community Name
|
Downtown Red Deer |
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Plan
|
2394mc |
Building
Land
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Acreage
|
No |
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Fence Type
|
Partially Fenced |
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Size Irregular
|
12500.00 |
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Size Total
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12500 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
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Size Total Text
|
12500 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
|
Zoning Description
|
C-1 |
https://www.realtor.ca/real-estate/29131596/4717-49-street-red-deer-downtown-red-deer