Peterson Building

Office or retail opportunity directly across from Red Deer's new courthouse and justice centre. Very conveniently located with Transit hub, City Hall and Library only 1 block away. The long-time owners completed an exterior facelift (2025) with a modern updated curb appeal. The building has served a variety of businesses and organizations over the years and has been well maintained. The main and second floors have set up for separate entrance and exits. See MLS listings for main and second floor lease options The current layouts are offices and meeting rooms (main and upper floors) with T-bar ceilings and inset fluorescent light fixtures. The main floor could be reconfigured for retail use. Up to 7 surface parking stalls at back of building, $90/month/stall; additional off site parking nearby including City of Red Deer parkade with month-to-month parking options. Rented to a single tenant the common costs for the building are estimated at $4.80 per square foot for 2026, property taxes and insurance included. Building is also available for sale MLS2334814

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Based on information submitted to Pillar 9 as of November 13, 2026 9:44 AM EST. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Peterson Building

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Real Estate Centre Rural Edmonton

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Peterson Building

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Property Details of 4811 48 Street

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Real Estate Centre Rural Edmonton