4917 46 Street , Red Deer, Alberta

$219,900

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3

Beds

2

Baths

940

Square feet

0.15

Acres

About 4917 46 Street

DOWNTOWN LOCATION | C-1 COMMERCIAL ZONING | CHARACTER HOME WITH POTENTIAL - Situated in the heart of Downtown Red Deer, this character home offers a rare opportunity for investors, business owners, or buyers looking for a property with flexible C-1 Commercial zoning. Whether you're considering office space, a retail or service-based business, or holding it as a redevelopment opportunity, the location and zoning open the door to a wide variety of permitted uses. Inside, you'll find plenty of original charm with hardwood flooring running throughout the main living areas and bedrooms, large windows that fill the home with natural light, and classic wood trim that reflects the home's vintage character. The main floor offers a spacious living area, functional kitchen with vinyl plank flooring, two bedrooms, and a full 4 pce bathroom. The basement includes additional finished space with a 3rd bedroom, a 3 pce bathroom, rec space, multiple storage areas, and a versatile room with built-in cabinetry and a sink, offering a range of possibilities for future use. Outside, the property offers a mature yard, gravel parking pad, and an old detached oversized single garage. Located within steps to Downtown amenities, restaurants, professional services, and public transit, this property offers an excellent opportunity in a highly accessible central location. Bring your ideas and unlock the potential this unique property has to offer.

Features of 4917 46 Street

MLS® # A2329677
Price $219,900
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 940
Acres 0.15
Year Built 1945
Type Residential
Sub-Type Detached
Style Bungalow
Status Active

Community Information

Address 4917 46 Street
Subdivision Downtown Red Deer
City Red Deer
County Red Deer
Province Alberta
Postal Code T4N 1N2

Amenities

Parking Spaces 3
Parking Alley Access, Garage Faces Rear, Off Street, Oversized, Parking Pad, Single Garage Detached
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Interior Features Separate Entrance, Storage
Appliances None
Heating Boiler, Natural Gas
Cooling None
Fireplace No
Has Basement Yes
Basement Full

Exterior

Exterior Features Private Entrance, Storage
Lot Description Back Lane, Back Yard, Front Yard, Interior Lot, Rectangular Lot
Roof Asphalt Shingle
Construction Concrete, Wood Frame
Foundation Poured Concrete

Additional Information

Date Listed July 17th, 2026
Days on Market 30
Zoning C-1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX real estate central alberta

Listing Map

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