Downtown Red Deer Land for Sale

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. 

Contact:

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

Chiles Industrial Lot For Sale

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

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

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.

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.

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

Request for Proposals – Greater Downtown Redevelopment Site

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

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.

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

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

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

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.