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For Sale · Red Deer

$1,325,000

1-3, 4768 Riverside Drive, Red Deer

Tour this home

8,955

Size

1996

Year built

About This Home

The details.

Excellent owner/user investment opportunity! Located in Riverside Light Industrial Park, this 8,955 SF multi-unit industrial/commercial mix building, on 0.51 acres, is available for sale. A purchaser can occupy a portion of the building while benefitting from existing rental income from established tenants. There are three units in the building. Unit 1 is 4,200 SF and is currently the home of a printing business who...

Summarizing the highlights...

MLS® A2308129Listing courtesy of RE/MAX Commercial PropertiesView on map Street view

Property Details

Facts & features.

Property type: Other
Year built: 1996
Size: 8,955 sqft
Lot size: 0.51 acres
Listed on: 2026-05-08
Days on market: 69
MLS number: A2308129
Data source: Central Alberta REALTORS® Association

Market intelligence

Statistics and history.

Days on market

Red Deer median asking

$440K

222 active listings

Price per sqft

$148

Based on 8,955 sqft interior

Where this price sits in Red Deer

$180KThis listing$890K

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this homeComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

July Value

What this home is worth.

Calculating a July Value estimate...

Location

Where it sits.

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Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization25 yr

Monthly mortgage payment

$6,197

$1,060,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$6,197

Cash flow

-$6,197

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Red Deer right now

222

Active listings

222

New this week

$440,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Red Deer.

Household and demographic stats for Red Deer, from the Statistics Canada 2021 Census.

100,844
Population (2021): 38.8
Median age: 40,510
Households: 2.4
Avg household size: 64.8%
Home ownership: $85,000
Median household income

Red Deer market trends

The immediate block around this home (0.5 km radius): about 532 residents in 330 homes, 1,708 people/km² (urban).

Source: Statistics Canada 2021 Census, Red Deer, City, Alberta; block-level figures from dissemination area 48080099.

Schools

Nearby schools

K-12 schools closest to this home, with straight-line distances.

no score data
First Steps & Beyond Inc.
260 m
independent · elementary
no score data
Gateway Christian School
690 m
public · k12
no score data
Parkland School Special Education
750 m
independent · k12
no score data
Red Deer Regional Hospital Education Program
850 m
public · k12

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.