Commercial Land for Sale – Downtown

Downtown Landscape

Address: 4909 48 Street
Price: $250,000
Site Area: 0.19 acres
Zoning: C-1 City Centre Commercial Zone

Property Overview: Rare opportunity to acquire a prime development site in the heart of Downtown Red Deer! This well-located parcel offers excellent exposure, flexible zoning, and proximity to key commercial, residential, and civic amenities. The site is ideally suited for commercial redevelopment, subject to municipal approvals.

Key Highlights:

  • Prime Downtown location with strong pedestrian and vehicular traffic
  • Walking distance to City Hall, transit terminal, restaurants and retail
  • Access to major arterial roadways

Development Potential:

  • Mixed-Use residential/commercial
  • Apartment/Condo Development
  • Office, Retail

Sale Terms: Commitment to Develop, as per Purchase and Sale Agreement Terms & Conditions

Important Notice: The City reserves the right not to proceed with the sale of the property should submitted offers fail to meet the established criteria or align with broader community objectives.

Contact:
City of Red Deer
Land Services
Email: land@reddeer.ca
Phone: 403-342-8106

Request for Proposals – Greater Downtown Redevelopment Site

5031 - 50 Street picture

Location: 5031 - 50 Street, Red Deer, Alberta
Area:
 Consolidated commercial parcel, approximately 1-acre in size, located in Historic Downtown Red Deer.
Zoning: City’s zoning requirements and design standards (see Zoning Bylaw for full details)

Proposal Requirements:
Interested parties are invited to submit a formal, non-binding proposal that includes the following components:

  • Company Profile
  • Project Description/Vision
  • Architectural Details
  • Financial Profile
  • Business Terms
  • Capacity to Engage

For additional information about the site, please visit Greater Downtown Redevelopment Site Information Package (pdf)

Questions regarding the subject property can be summited via email to: land@reddeer.ca 

Submission Deadline: Formal, non-binding proposals will be accepted until 4:30 p.m. on July 31, 2026.

Important Notice: The City reserves the right not to proceed with the sale of the property should submitted offers fail to meet the established criteria or align with broader community objectives.

Contact:
City of Red Deer
Land Services
Email: land@reddeer.ca
Phone: 403-342-8106

 

Request for Proposals – Timberlands North

Location: 360/382 Townsend Street
Property Type: 
Residential (High Density Condo/Apartment Style Preferred)
Site Area: Approximately 3.49 acres
Zoning: R-H - for comprehensive details, please refer to the City’s Zoning Bylaw.

Proposal Requirements:
Interested parties are invited to submit a formal, non-binding proposal that includes the following components:

  • Company Profile
  • Project Description
  • Architectural Concept and Design Details
  • Financial Overview
  • Proposed Business Terms
  • Demonstrated Capacity and Readiness to Proceed

For additional information about the Timberlands neighborhood, please visit the Timberlands page.

Submission Deadline: Formal non-binding proposals will be accepted until 4:30 p.m. on July 31, 2026.

Important Notice: The City reserves the right not to proceed with the sale of the property should submitted proposals fail to meet the established criteria or align with broader community objectives.

Contact:
City of Red Deer
Land Services
Email: land@reddeer.ca
Phone: 403-342-8106

 

Chiles Industrial Lot For Sale

4841 Chiles Industrial Road

Address: 4841 Chiles Industrial Road
Price: $293,000
Site Area: 2.17 acres
Zoning: Industrial Business Service Zone (I-1)

Property Overview: Chiles Industrial Park is an established industrial and commercial district in north-central Red Deer, designed primarily for light industrial, service commercial, manufacturing, and warehouse uses. The area functions as a key employment and logistics node within the city and supports a broad range of industrial tenants.

Key Highlights:

  • Conveniently located next to Gaetz Avenue
  • Quick connections to highways 2A, 11A and 2

Sale Terms: SOLD AS-IS

Important Notice: The City reserves the right not to proceed with the sale of the property should submitted offers fail to meet the established criteria or align with broader community objectives.

Contact:
City of Red Deer
Land Services
Email: land@reddeer.ca
Phone: 403-342-8106

Offer to Lease Vacant Industrial (I1 Lot)

The City of Red Deer is leasing a vacant industrial lot in north Red Deer, located at 8230 Chiles Industrial Avenue.

Location: 8230 Chiles Industrial Ave, Lot A, Plan 1269KS
Area: 2.51 acres, fully fenced, not serviced
Zoning: I1, previously used as recreational and automotive vehicle storage.

Additional Information: Please see Offer to Lease Information Package - 8230 Chiles Industrial Avenue (pdf) for full submission requirements.

Submission Deadline: This opportunity will remain open until a final offer has been accepted.

Contact:
City of Red Deer
Land Services
Email: land@reddeer.ca
Phone: 403-342-8106