Carnival at Capstone

For Lease

5402 - 47 Street, Red Deer, AB 08202

Contacts

Arlyn Stoik

Avison Young

Siv Lalli

Avison Young

Alison Hansen-Carlson

Avison Young

Property Details

  • Property Type Other
  • Property Size 3,500 SF
  • Date Updated Jul 3, 2026

Carnival Theatre Transformation

A landmark in Red Deer's Capstone district is entering a new chapter with the redevelopment of the former Carnival Theatre into a new Shoppers Drug Mart, reinforcing the site's role as a vibrant community destination.

Complementing this national anchor is a 3,500 SF endcap opportunity, ideally suited for a restaurant, medical practice, or specialty retailer. The space benefits from strong daily traffic, excellent visibility, and close proximity to residential office, and civic amenities.

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Location

  • City Red Deer, AB
  • Neighborhood Riverlands
  • Zip Code 08202
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