2650 55 Street, Red Deer, Alberta T4P 0Y3

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$4,750,000

Opportunities like this are rare—just under 3 acre acreage property located right within the City of Red Deer offering space, privacy, and exceptional future potential. Positioned just off Highway 11, this property benefits from excellent exposure and accessibility while still providing a private, established setting. Set on a generously sized parcel, the property features a large existing home surrounded by mature landscaping, creating a peaceful environment with the convenience of surrounding city amenities. What truly sets this property apart is its subdivision into two separate lots, opening the door to a wide range of possibilities. Whether you’re looking to hold as an investment, redevelop, or explore multi unit opportunities, the potential here is substantial. With the possibility for rezoning (subject to city approval), this site could accommodate additional residential development, townhomes, a gated community concept, or even select commercial uses such as a strip style retail development. The combination of location, land size, and flexibility makes this an attractive option for builders, developers, and investors alike. Properties offering this level of versatility within city limits are increasingly hard to find. A rare opportunity to secure a high visibility parcel with both immediate use and long term upside. (id:55577)

Property Features

  • MLS® Number A2299292
  • Price $4,750,000
  • Square Footage: 4080 sqft
  • Property Type: Commercial Mix
  • Plan 993ae

Buildings

Age Age Is Unknown Size Exterior 4079.86 Sqft
Size Interior 4080 Sqft Total Finished Area 4079.86 Sqft
Type Commercial Mix

Land

Acreage Yes Sewer Septic Tank
Size Irregular 2.85 Size Total 2.85 Ac|2 - 4.99 Acres
Size Total Text 2.85 Ac|2 - 4.99 Acres Zoning Description A-1

Agents and Offices

  • Melissa Hammer
  • Charlotte Hogarth
  • Office: Century 21 Bravo Realty

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