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Real estate on your terms®


Property Description

DOWNTOWN LOCATION | C-1 COMMERCIAL ZONING | CHARACTER HOME WITH POTENTIAL - Situated in the heart of Downtown Red Deer, this character home offers a rare opportunity for investors, business owners, or buyers looking for a property with flexible C-1 Commercial zoning. Whether you're considering office space, a retail or service-based business, or holding it as a redevelopment opportunity, the location and zoning open the door to a wide variety of permitted uses. Inside, you'll find plenty of original charm with hardwood flooring running throughout the main living areas and bedrooms, large windows that fill the home with natural light, and classic wood trim that reflects the home's vintage character. The main floor offers a spacious living area, functional kitchen with vinyl plank flooring, two bedrooms, and a full 4 pce bathroom. The basement includes additional finished space with a 3rd bedroom, a 3 pce bathroom, rec space, multiple storage areas, and a versatile room with built-in cabinetry and a sink, offering a range of possibilities for future use. Outside, the property offers a mature yard, gravel parking pad, and an old detached oversized single garage. Located within steps to Downtown amenities, restaurants, professional services, and public transit, this property offers an excellent opportunity in a highly accessible central location. Bring your ideas and unlock the potential this unique property has to offer. (id:53430)

Building

Property Type:
House
Building Type:
House
Style:
Bungalow
Year Built:
1945
Stories:
1.0
Bedrooms:
3
Bathrooms (total):
2.0
Basement:
Partially finished, Full

Finished Areas

Interior Size (Total):
940 square feet
Above Grade:
940 square feet

Interior

Flooring:
Hardwood, Carpeted, Vinyl
Appliances:
None

Parking

Spaces:
3
Features:
Detached Garage, Parking Pad, Other, Oversize

Lot / Land

Lot Size:
595.11 square meters
Frontage:
15.27 meters
Lot Features:
Back lane

Exterior

Exterior Features:
Concrete
Construction:
Poured concrete, Wood frame
Foundation:
Poured Concrete
Fencing:
Fence

Utilities & Mechanical

Heating:
Natural gas
Cooling:
None

Fees & Dates

Property Taxes:
$2,808
Tax Year:
2026
Last Modified:
07/17/2026 08:10:13 PM
Status Change:
07/17/2026 08:07:10 PM

Association / Ownership

Common Interest:
Freehold

Room Dimensions

RoomLevelSize
Living room Main level 20.92 Ft x 14.58 Ft
Kitchen Main level 11.83 Ft x 11.33 Ft
Bedroom Main level 13.42 Ft x 10.25 Ft
4pc Bathroom Main level 6.92 Ft x 6.75 Ft
Bedroom Main level 10.83 Ft x 10.25 Ft
Recreational, Games room Basement 10.92 Ft x 10.67 Ft
Bedroom Basement 10.33 Ft x 10.00 Ft
3pc Bathroom Basement 7.42 Ft x 4.75 Ft
Other Basement 8.92 Ft x 10.58 Ft
Furnace Basement 13.00 Ft x 10.92 Ft
Storage Basement 9.17 Ft x 9.42 Ft
Storage Basement 7.58 Ft x 3.33 Ft

Location

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Listing offered by: RE/MAX real estate central alberta

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