The Opportunity
Overview
A rare opportunity to acquire a three-parcel commercial land assembly positioned in Red Deer’s Capstone District along 43 Street. This offering includes 5506, 5414, and 5420 43 Street, combining for a total building area of approximately 14,736 sq. ft. situated on a 5,086.02 sq. m. site.The properties contain four commercial buildings with three tenants in place, creating immediate holding income while a purchaser advances redevelopment plans. The site lies within the CAP-TD (Capstone – Transit Oriented Development) district, where the City has identified strong interest in facilitating a commercial mixed-use, multi-tenant redevelopment.CAP-TD zoning supports higher-density, market-driven development forms including street-level commercial, office, multi-storey residential, hospitality, and flexible mixed-use options, aligning with Capstone’s long-term riverfront vision. The assembly enjoys excellent access, strong visibility, and is located just a few blocks from the Red Deer Regional Hospital, a major regional anchor and employment hub.With its positioning near the downtown core, trail system, and ongoing municipal investment in the Capstone area, this land assembly offers both current income and significant future redevelopment potential in one of Red Deer’s most actively supported urban districts. (id:61970)
Investment highlights
- 01Office
Property details
- Property type
- Office
- Transaction
- sale
- Building area
- 14,736 square feet
- Site area
- 5086.02 square meters
- Listing brokerage
- Century 21 Maximum
- Listing representative
- Mike Gait
- Board / association
- Red Deer (Central Alberta)
Financial information
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Location intelligence
Documents
Source Record
Current listing facts, with attribution intact.
- Source
- REALTOR.ca DDF®
- Listing status
- active
- Source ID
- 29124083
- Last supplied
- September 7, 2026
- Listing brokerage
- Century 21 Maximum
- Listing representative
- Mike Gait
- Board / association
- Red Deer (Central Alberta)
Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.
Listing brokerage: Century 21 Maximum · Listing representative: Mike Gait · Board/association: Red Deer (Central Alberta) · Updated: Sep 7, 2026
Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.





