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DOWNTOWN LOCATION | C-1 COMMERCIAL ZONING | LONG TERM TENANT IN PLACE - Offering plenty of future potential, this downtown property is a great opportunity for investors looking to add to their portfolio or buyers seeking the flexibility that comes with C-1 zoning. Situated on a mature lot in a highly accessible central downtown location, this bungalow offers 845 square feet of living space with two bedrooms, a full bathroom, a functional kitchen, and a bright living room. With a long term tenant already in place, the property offers the benefit of an established tenancy while you consider your future plans. Whether your vision includes renovation, redevelopment, or making the most of the C-1 Commercial zoning, this unique property offers plenty of possibilities. This property is currently rented for $1,150/month including utilities.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 7/22/2026 |
|---|---|---|---|
| TRACT | Downtown Red Deer | YEAR BUILT | 1945 |
| COUNTY | Red Deer | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | None |
| BASEMENT | Full, Partially Finished, Yes |
| CONSTRUCTION | Concrete, Frame |
| EXTERIOR | None |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Storage |
| LOT | 6534 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard, Interior Lot, Rectangular Lot |
| PARKING | Off Street |
| STORIES | 1 |
| STYLE | Bungalow |
| SUBDIVISION | Downtown Red Deer |
| TAXES | 1694 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with RE/MAX real estate central alberta
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Data last updated 7/22/26 6:03 PM PDT
This IDX solution is (c) Diverse Solutions 2026.
