Commercial For Sale in Red Deer, Alberta
Walker House is a well-maintained 24-unit multifamily property located at 3430 49 Avenue in Red Deer, within walking distance of shopping, restaurants, transit, parks and trails. Built in 2016, the property consists of 18 two-bedroom units, 3 two-bedroom + den units and 3 one-bedroom units, with no suites located at or below ground level. Each suite features its own furnace, hot water tank, A/C, in-suite laundry, dishwasher, private balcony and separately metered gas and electricity paid by the tenant. The building is serviced by an elevator and sprinkler system and includes 25 heated underground parking stalls plus 15 powered surface stalls. The property has been exceptionally well maintained with no significant outstanding capital improvements required and benefits from a stable, long-term tenant base. Current rents are below market, providing a purchaser with a strong opportunity to increase revenue and NOI within a newer, low-maintenance asset.
| Street Address: | 3430 49 Avenue |
| City: | Red Deer |
| Province/State: | Alberta |
| Postal Code: | N/A |
| County/Parish: | Red Deer |
| Subdivision: | South Hill |
| Country: | Canada |
| Latitude: | 52.25516246 |
| Longitude: | -113.81255617 |
| MLS® Number: | A2336874 |
| Price: | $5,500,000 |
| Property Area: | 0 Sq ft |
| Bedrooms: | 0 |
| Bathrooms Half: | 0 |
| Bathrooms Full: | 0 |
| Living Area: | 0 Sq ft |
| Building Area: | 9,505 Sq ft |
| Year Built: | 2014 |
| Listing Date: | Aug 12, 2026 |
| Garage Spaces: | 0 |
| Property Type: | Commercial |
| Property Subtype: | Multi Family |
| MLS Status: | Active |
| Flooring: | N/A |
| Construction: | N/A |
| Parking: | N/A |
| Appliances: | N/A |
| Stories: | N/A |
| Zoning: | R-M |
| Fireplace: | N/A |
| Amenities: | N/A |
| Heating: | Forced Air,Natural Gas |
| Cooling: | Central Air |
| Property Type | Commercial |
| Building Type | Multi Family |
| Community Name | South Hill |
| Subdivision Name | South Hill |
| Title | Freehold |
| Land Size | 18,406 sqft |
| Built in | 2014 |
| Annual Property Taxes | Contact listing agent |
| Parking Type | N/A |
| Cooling | Central Air |
| Heating Type | Forced Air, Natural Gas |
| Total Building Area: | 9,505 sq ft |
| Lot Size: | 18,406 sq ft |
| Lot Size (Acres): | 0.42 acres |
Floor plan information is not available for this property.
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