Red Deer, AB Commercial Real Estate for Lease and Sale

Explore 168 listings of Red Deer commercial real estate to find the best space for your business.

4320 50 Avenue

4320 50 Avenue, Downtown Red Deer, Red Deer, AB
Property

Office

7,118 SF
Availability

2 Spaces

7,417 SF
Year Built

2003
For Lease

$17.00 - $20.00/SF/YR
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Queens Business Park S21

250 Queens Drive, Queens Business Park West, Red Deer, AB
Property

VacantLand

2.47 Acre
For Sale

$290,000/Acre
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5912 54 Avenue

5912 54 Avenue, Riverside Meadows, Red Deer, AB
Property

Industrial

1,986 SF
Availability

1 Space

1,986 SF
Year Built

1981
For Lease

$8.00/SF/YR
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Ross Street Centre

4734 50 Street, Downtown Red Deer, Red Deer, AB
Property

Retail

30,000 SF
Availability

6 Spaces

6,570 SF
For Lease Contact for pricing
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Office Coworking Retail Industrial

Office Retail Industrial Land
4814 50 Street

4814 50 Street, Downtown Red Deer, Red Deer, AB
Property

Office

9,065 SF
Availability

5 Spaces

8,450 SF
For Lease

$10.00 - $20.00/SF/YR
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8017 Edgar Industrial Avenue

8017 Edgar Industrial Avenue, Edgar Industrial Park, Red Deer, AB
Property

Industrial

16,786 SF
For Sale Contact for pricing
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7905 50th Avenue

7905 50th Avenue, Northlands Industrial Park, Red Deer, AB
Property

VacantLand

1.25 Acre
Availability

1 Space

1.25 Acre
For Lease Contact for pricing
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4732 60th Street

4732 60th Street, Riverside Light Industrial Park, Red Deer, AB
Property

Industrial

25,500 SF
Availability

1 Space

1,500 SF
For Lease

$13.75/SF/YR
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6430 Golden West Avenue

6430 Golden West Avenue, Golden West, Red Deer, AB
Property

Industrial

53,450 SF
For Sale

$8,400,000
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Park Place

4825 47th Street, Downtown Red Deer, Red Deer, AB
Property

Office

12,322 SF
Availability

2 Spaces

6,899 SF
For Lease

$5.00 - $7.00/SF/YR
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2410 50th Avenue

2410 50th Avenue, South Hill South, Red Deer, AB
Property

Retail

54,800 SF
Availability

2 Spaces

21,922 SF
For Lease Contact for pricing
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West Park Shopping Centre

3722 57th Avenue, West Park, Red Deer, AB
Property

Retail

2,700 SF
Availability

2 Spaces

2,700 SF
For Lease

$10.00/SF/YR
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Northlands Industrial Park

7875 48th Avenue, Northlands Industrial Park, Red Deer, AB
Property

Industrial

6,494 SF
Availability

2 Spaces

3,440 SF
Year Built

1980
For Lease

$6.00 - $10.00/SF/YR
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6519 67 Street

6519 67 Street, Golden West, Red Deer, AB
Property

Industrial

1 Acre
For Sale

$1,100,000
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7045 Edgar Industrial Link

7045 Edgar Industrial Link, Edgar Industrial Park, Red Deer, AB
Property

Industrial

18,000 SF
Availability

2 Spaces

8,200 SF
For Lease

$5.00 - $12.00/SF/YR
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3731 50 Avenue

3731 50 Avenue, South Hill North, Red Deer, AB
Property

Retail

15,800 SF
Availability

1 Space

4,618 SF
For Lease

$22.00/SF/YR
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Elements Edge

5002 55th Street, Railyards, Red Deer, AB
Property

Office

30,000 SF
Availability

7 Spaces

25,538 SF
For Lease

$14.00 - $20.00/SF/YR
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6850 52 Avenue

6850 52 Avenue, Normandeau, Red Deer, AB
Property

Industrial

28,500 SF
Availability

2 Spaces

5,200 SF
For Lease

$12.00/SF/YR
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Royal Court

4925 30 Street, Bower, Red Deer, AB
Property

Retail

10,108 SF
Availability

1 Space

1,269 SF
For Lease Contact for pricing
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Queens Business Park S7

250 Queens Drive, Queens Business Park West, Red Deer, AB
Property

VacantLand

4.79 Acre
For Sale

$450,000/Acre
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Queens Business Park S23

250 Queens Drive, Queens Business Park West, Red Deer, AB
Property

VacantLand

3.43 Acre
For Sale

$280,000/Acre
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8038 Edgar Industrial Crescent

8038 Edgar Industrial Crescent, Edgar Industrial Park, Red Deer, AB
Property

Industrial

9,049 SF
Availability

1 Space

9,049 SF
Year Built

1998
For Lease

$18.95/SF/YR
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7171 Gaetz Avenue

7171 Gaetz Avenue, Pines, Red Deer, AB
Property

VacantLand

0.69 Acre
For Sale

$1,099,000
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7892 Edgar Industrial Way

7892 Edgar Industrial Way, Edgar Industrial Park, Red Deer, AB
Property

VacantLand

3.48 Acre
For Sale

$1,365,000
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2929 50 Avenue

2929 50 Avenue, Bower, Red Deer, AB
Property

VacantLand

2.63 Acre
For Sale

$2,100,000/Acre
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7739 Edgar Industrial Way

7739 Edgar Industrial Way, Edgar Industrial Park, Red Deer, AB
Property

Industrial

38,000 SF
For Sale

$5,500,000
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Queens Business Park S18

250 Queens Drive, Queens Business Park West, Red Deer, AB
Property

VacantLand

2.92 Acre
For Sale

$290,000/Acre
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Deer Park Shopping Centre

69 Dunlop Street, Deer Park Estates, Red Deer, AB
Property

Office

2,600 SF
Availability

1 Space

1,158 SF
For Lease

$18.00/SF/YR
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4705 50th Avenue

4705 50th Avenue, Downtown Red Deer, Red Deer, AB
Property

Retail

4,428 SF
Availability

2 Spaces

4,428 SF
For Lease

$10.50/SF/YR
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8024 Edgar Industrial Crescent

8024 Edgar Industrial Crescent, Edgar Industrial Park, Red Deer, AB
Property

Industrial

25,600 SF
Availability

1 Space

2,870 SF
For Lease

$9.00/SF/YR
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Queens Business Park S35

250 Queens Drive, Queens Business Park West, Red Deer, AB
Property

VacantLand

2.2 Acre
For Sale

$280,000/Acre
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5212 48 Street #C107 & C108

5212 48 Street, Downtown Red Deer, Red Deer, AB
Property

Office

2,330 SF
For Sale

$699,000
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4918 46th Street

4918 46th Street, Downtown Red Deer, Red Deer, AB
Property

Retail

1,978 SF
Availability

1 Space

1,978 SF
For Lease

$10.00/SF/YR
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2950 Bremner Avenue

2950 Bremner Avenue, Bower, Red Deer, AB
Property

Office

45,331 SF
For Sale

$4,550,000
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1720 -1738 49 Avenue

1720 -1738 49 Avenue, Westerner Park, Red Deer, AB
Property

Industrial

11,100 SF
Availability

1 Space

11,100 SF
Year Built

1992
For Lease

$10.00/SF/YR
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4418 50 Avenue #1

4418 50 Avenue, Downtown Red Deer, Red Deer, AB
Property

Retail

1,976 SF
Availability

1 Space

1,976 SF
For Lease

$8.00/SF/YR
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7550 79th Street

7550 79th Street, Queens Business Park West, Red Deer, AB
Property

VacantLand

3.32 Acre
For Sale

$1,275,000
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134 Queens Drive

134 Queens Drive, Queens Business Park East, Red Deer, AB
Property

Industrial

18,000 SF
Availability

1 Space

9,000 SF
For Lease

$15.00/SF/YR
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5549 47th Street

5549 47 Street, Riverlands, Red Deer, AB
Property

VacantLand

1.01 Acre
For Sale

$1,325,000
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5216 48th Avenue

5216 48th Avenue, Downtown Red Deer, Red Deer, AB
Property

Office

3,516 SF
Availability

1 Space

3,516 SF
For Lease

$2,000.00/MO
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7607 Edgar Industrial Drive

7607 Edgar Industrial Drive, Edgar Industrial Park, Red Deer, AB
Property

Industrial

31,840 SF
For Sale

$4,900,000
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Elements Edge #102

5002 55th Street, Railyards, Red Deer, AB
Property

Office

1,196 SF
For Sale

$328,900
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Taylor Industrial

6439 67 Street, Golden West, Red Deer, AB
Property

Industrial

37,568 SF
For Sale

$5,750,000
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7727 50 Avenue

7727 50 Avenue, Northlands Industrial Park, Red Deer, AB
Property

Industrial

10,912 SF
Availability

3 Spaces

10,912 SF
For Lease

$10.00/SF/YR
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4820 47th Avenue

4820 47th Avenue, Parkvale, Red Deer, AB
Property

Office

2,385 SF
Availability

2 Spaces

2,386 SF
For Lease

$6.00/SF/YR
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8068 Edgar Industrial Crescent

8068 Edgar Industrial Crescent, Edgar Industrial Park, Red Deer, AB
Property

Industrial

6,380 SF
Availability

1 Space

6,380 SF
For Lease

$12.00/SF/YR
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Elements Edge #260

5002 55th Street, Railyards, Red Deer, AB
Property

Office

1,857 SF
For Sale

$464,250
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4815 50 Avenue

4815 50 Avenue, Downtown Red Deer, Red Deer, AB
Property

Office

2,366 SF
Availability

1 Space

2,366 SF
Year Built

1976
For Lease

$7.00/SF/YR
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Elements Edge #240

5002 55th Street, Railyards, Red Deer, AB
Property

Office

3,038 SF
For Sale

$759,500
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4909 50th Street

4909 50th Street, Downtown Red Deer, Red Deer, AB
Property

Office

34,358 SF
Availability

2 Spaces

22,604 SF
For Lease Contact for pricing
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3937 50th Street

3937 50 Street, Eastview, Red Deer, AB
Property

VacantLand

0.51 Acre
For Sale

$800,000
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2950 Bremner Ave

2950 Bremner Ave, Bower, Red Deer, AB
Property

Office

45,331 SF
Availability

2 Spaces

45,331 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Red Deer commercial real estate market incorporates 601,210 square feet of office space across 53 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Red Deer commercial real estate market includes 1,162,679 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Red Deer market, there is a total of 908,323 square feet of industrial property.

The listing inventory in Red Deer incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Red Deer is represented by Retail space, which accounts for 709,482 square feet of available listings. Industrial space available in Red Deer adds up to 291,978 square feet.

Meanwhile, most of the listings of commercial property for sale in Red Deer are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Red Deer is $13.13 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Red Deer can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Red Deer, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Red Deer is in the Downtown Red Deer neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Red Deer area.

Meanwhile, retail space opportunities are most abundant in the Downtown Red Deer submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Edgar Industrial Park.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $21.35 per square foot. In particular, the property type commanding the highest lease rates in Red Deer was Retail space.

The average size of a commercial property in Red Deer depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Red Deer, the average size of an office property is 15,031 square feet.
Retail properties here incorporate an average of 30,597 square feet.
Industrial space in Red Deer is in buildings that are, on average 16,821 square feet in size.

Red Deer, AB Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Red Deer currently add up to 1,368,023 square feet. The market offers 37 active office listing(s), which amount to 254,492 square feet and account for 33% of commercial spaces on the market. Local retail availability includes 712,674 square feet across 33 retail space(s). Industrial space for rent opportunities in Red Deer amount to 292,393 square feet across a total of 39 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	37	254,492
Retail	33	712,674
Industrial	39	292,393
Other	2	108,464

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Red Deer, AB. Currently, there is 516,563 square feet of commercial property for sale here , which includes 13 office building(s) for sale , 5 retail investment opportunity listing(s) , and 21 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	13	87,447
Retail	5	78,692
Industrial	21	350,306
Other	29	118

Red Deer, AB Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Red Deer, AB?

What factors affect the price of commercial real estate in Red Deer, AB?

What is the average rent for commercial space in Red Deer, AB?

What are the best areas for commercial real estate in Red Deer, AB?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Red Deer, AB?

Red Deer, AB Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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