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.
For sale
C$199,900
4917 N 46th St, Red Deer, AB T4N 1N2
3beds
940sqft
Single Family Residence
Built in 1945
6,534 Square Feet Lot
$-- Zestimate®
C$213/sqft
C$-- HOA
What's special
Functional kitchenVinyl plank flooringMature yardGravel parking pad
- 46 days
- 148
- 3
Zillow last checked:
Listing updated:
Listed by:
Andrew Russell, Associate,
Re/Max Real Estate Central Alberta,
Rachel Mcqueen, Associate,
Re/Max Real Estate Central Alberta
Source: courtesy of Pillar9 System,MLS®#: A2329677
Originating MLS®#: Central Alberta
Originating MLS®#: Central AlbertaFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Main
- Dimensions: 10`3" x 13`5"
Bedroom
- Level: Main
- Dimensions: 10`3" x 10`10"
Bedroom
- Level: Basement
- Dimensions: 10`0" x 10`4"
Other
- Level: Main
- Dimensions: 6`9" x 6`11"
Other
- Level: Basement
- Dimensions: 4`9" x 7`5"
Flex space
- Level: Basement
- Dimensions: 10`7" x 8`11"
Other
- Level: Basement
- Dimensions: 10`11" x 13`0"
Game room
- Level: Basement
- Dimensions: 10`8" x 10`11"
Kitchen
- Level: Main
- Dimensions: 11`4" x 11`10"
Living room
- Level: Main
- Dimensions: 14`7" x 20`11"
Storage
- Level: Basement
- Dimensions: 9`5" x 9`2"
Storage
- Level: Basement
- Dimensions: 3`4" x 7`7"
Heating
- Boiler, Natural Gas
Cooling
- None
Appliances
- Included: None
- Laundry: In Basement
Features
- Separate Entrance, Storage
- Flooring: Carpet, Hardwood, Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total interior livable area: 940 sqft
- Finished area above ground: 940
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Alley Access, Garage Faces Rear, Off Street, Oversized, Parking Pad, Single Garage Detached
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Exterior features: Private Entrance, Storage
- Fencing: Fenced
- Frontage length: 15.27M 50`1"
Lot
- Size: 6,534 Square Feet
- Features: Back Lane, Back Yard, Front Yard, Interior Lot, Rectangular Lot
Details
- Parcel number: 113616863
- Zoning: C-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Concrete, Wood Frame
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1945
Community & HOA
Community
- Features: Sidewalks, Street Lights
- Subdivision: Downtown Red Deer
HOA
- Has HOA: No
Location
- Region: Red Deer
Financial & listing details
- Price per square foot: C$213/sqft
- Date on market: 7/17/2026
- Inclusions: AS-IS
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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