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Space Available For Lease 1
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this 4,400 SF unit was formerly used as a Martial Arts Studio. The unit features a reception area, two large change rooms with showers and washrooms, storage space, a staff lunch room, and a wide-open area in the back of the unit. There are windows along the front and rear, as well as two entrances. 
Chris Levia
RE/MAX Commercial Properties
Jeremy Makila
RE/MAX Commercial Properties |
Contacts
RE/MAX Commercial Properties
RE/MAX Commercial Properties
Property Details
- Property Type Retail
- Property Size 4,400 SF
- Zoning DC(28)
- Year Built 1978
- Date Updated Apr 7, 2025
Located in the Railyards, this 4,400 SF unit was formerly used as a Martial Arts Studio. The unit features a reception area, two large change rooms with showers and washrooms, storage space, a staff lunch room, and a wide-open area in the back of the unit. There are windows along the front and rear, as well as two entrances. Ample parking is available behind the building, as well as some parking directly in front. Additional Rent is estimated at $5.50 per square foot for the 2025 budget year. This rate is for the first year of a long-term lease to a qualified Tenant. TIA may be negotiable.
Reach out to the broker for more info on lease terms and amenities
Getting around
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4/100
Walk Score ®
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50/100
Bike Score ®
Location
- City Red Deer, AB
- Zip Code T4N 5J9
4940 54 Avenue Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
Retail space at 4940 54 Avenue asks $10.00/SF/YR per square foot.
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The property includes 4,400 square feet of retail space for lease. Of this total, 4,400 square feet are Retail.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
