#101-304, 5011 39 Street, Red Deer, Alberta

$2,250,000

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About #101-304, 5011 39 Street

18 suite apartment building adjacent to the Red Deer Regional Hospital which is currently undergoing a $1 billion expansion that will provide 3,000 direct jobs. Suite mix is 3 - 2br, 14 1br and 1 bachelor (which has just become vacant and is being renovated). New shingles and exterior concrete work completed in 2025. Some new windows. Newer boiler and hot water tank. RPR has been ordered. This building is one of four buildings offered by the same owner and can be purchased individually or as a package. The other buildings are located at 4920-47 St (24 suites), 4744 - 54 St (24 suites) and 4721 - 55 St (40 suites).

Features of #101-304, 5011 39 Street

MLS® # A2278693
Price $2,250,000
Bathrooms 0.00
Acres 0.00
Year Built 1968
Type Commercial
Sub-Type Multi Family
Status Active

Community Information

Address #101-304, 5011 39 Street
Subdivision South Hill
City Red Deer
County Red Deer
Province Alberta
Postal Code T4N 0Z6

Amenities

Parking Spaces 17
Is Waterfront No
Has Pool No

Interior

Heating Boiler, Natural Gas
Fireplace No
Has Basement No

Exterior

Construction Brick, Stucco

Additional Information

Date Listed January 10th, 2026
Days on Market 26
Zoning R-M
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX real estate central alberta

Listing Map