Walker House is a well-maintained 24-unit multifamily property located at 3430 49 Avenue in Red Deer, within walking distance of shopping, restaurants, transit, parks and trails. Built in 2016, the property consists of 18 two-bedroom units, 3 two-bedroom + den units and 3 one-bedroom units, with no suites located at or below ground level. Each suite features its own furnace, hot water tank, A/C, in-suite laundry, dishwasher, private balcony and separately metered gas and electricity paid by the tenant. The building is serviced by an elevator and sprinkler system and includes 25 heated underground parking stalls plus 15 powered surface stalls. The property has been exceptionally well maintained with no significant outstanding capital improvements required and benefits from a stable, long-term tenant base. Current rents are below market, providing a purchaser with a strong opportunity to increase revenue and NOI within a newer, low-maintenance asset.More details
This two storey walk up stand alone building (slab on grade) is conveniently located directly across from Red Deer’s new Courthouse/Justice Centre and the Red Deer Transit Station hub.
There are extensive developments on both floors- Main floor 14 offices and one boardroom; Second floor potential of 10 offices ( currently configured as 5 offices and 3 training rooms plus a boardroom).
The building has historically been office use however main floor could be converted to a retail space. Second floor has separate entry and exits on the west side of the building; potential to be rented out as one or two units.
Parking- surface parking at the rear of the building up to 7 vehicles ( 2 stalls are tandem); metered parking in front with multiple public and private offsite parking options all within 300 Feet of the building.
Owners recently modernized/renovated the front of the building (2025)
An excellent opportunity to purchase a downtown asset with a convenient location at an affordable price!
Building is also available for lease; see MLS A2303514More details
A rare owner-user opportunity in the heart of Downtown Red Deer. This freestanding 647 sq ft building has a long history as a professional office, including as a doctor's office in the past, and offers a versatile layout suited to a variety of business uses. Zoned C-1, the property sits on a generous 6,400 sq ft lot with a detached single garage and ample parking, plus a semi-developed basement ideal for storage. A well-located, manageable-sized building for a business ready to plant roots downtown.More details
Data was last updated August 22, 2026 at 02:05 AM (UTC)
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