An exceptional opportunity to acquire a fully leased retail plaza at 101, 2030 50th Avenue, a high-traffic commercial corridor in southeast Red Deer. Strategically positioned with excellent exposure and dual access, this modern strip centre offers consistent visibility and accessibility in a growing trade area.
The property features a well-balanced mix of established tenants, including Five Guys and Chatters, representing strong national brands in the food and personal care sectors. Their presence contributes to excellent income stability and zero vacancy. Built in 2014, the building showcases durable construction, ample surface parking, and lasting curb appeal—making it an attractive asset for long-term ownership.
Zoned C2A, the plaza is ideally situated among established residential communities, complementary retail amenities, and major transportation corridors. This zoning supports a broad range of commercial uses, enhancing long-term tenant demand and offering strong potential for future redevelopment. A prime investment opportunity for buyers seeking secure cash flow, future upside, and a presence in one of Red Deer’s most active retail zones.
Address
101, 2030 50 Avenue
List Price
$2,800,000
Property Type
Commercial
Type of Dwelling
Retail
Transaction Type
Sale
Area
Red Deer
Sub-Area
South Hill
Lot Size
5000 Sq. Ft.
Year Built
2001
MLS® Number
A2272034
Listing Brokerage
MaxWell Canyon Creek
Postal Code
T4R 1Z4
Zoning
C-4