4917 46 Street Red Deer, AB T4N 1N2

$219,900
3
Beds
2
Baths
0.15
Acres
940
SQFT
234
$/SQFT
$219,900
3
Beds
2
Baths
940   sf
$234 / sf
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active
1/23
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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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Red Deer
  • Status
    Active
  • Listing #
    A2329677
  • Built
    1945
  • Lot Size
    0.15
  • Listed on site
    4 days
  • Listing Brokerage
    RE/MAX real estate central alberta

Listed by:

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Last updated: 2026-07-17 16:20:30
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Property details

Community Features

  • No HOA

Exterior features

  • Has garage
  • Garage Detached
  • No Pool

Interior Features

  • Carpet Floors
  • Basement Full

Style

  • Bungalow
  • One Story
  • Ranch / One Story
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