




Overview
Located at 2810 - 50 Avenue in Red Deer, this is 5.87-acre site improved with a purpose-built Peavey Mart, completed in 2022. The main building offers approximately 40,000 square feet of rentable area, plus a 1,440-square-foot greenhouse structure. The balance of the site includes over 2 acres of vacant, developable land, also zoned C-4, providing a significant opportunity for future expansion or development. Red Deer has a population of approximately 112,000 people and continues to show signs of growth, fueled by its affordability, central location, and active development environment. The city is supported by a diverse economy, including retail, energy, agriculture, manufacturing, and logistics.
Highlights
- Can accommodate a wide range of commercial retail, service, and entertainment uses (C-4 Zoning – Link Here)
- 40,000 square foot building (2022 construction) on 3.87 acres
- 2 acres of vacant land fronting Taylor Drive
- Assessed Value 2024: $10,062,300
- Parking Lot Lease Exp – $4,000 per month / 2 acres.
(Exp Feb/27 with one 2-year option to renew, subject to ongoing mutual termination right)
Details
- Site Size: 5.87 acres (3.87 acres developed + 2 acres underdeveloped)
- Net Rentable Area: 40,000 SF (Building) + 1,440 SF (Greenhouse structure)
- Asking Price: $12,500,000 ($312 PSF)
- Property Taxes ($208,265.85): Download
- Title Certificate: Download
- Property Assessment: Download
- Current Zoning: C-4 (Shopping Centre Commercial District) – Click Here
- Drone Video
Inquiry Form
2810 50 Avenue