Carnival at Capstone

5402 - 47 Street, Red Deer, AB

Property Information

  • For Lease Contact for pricing
  • Property Type Other
  • Property Size 3,500 SF
  • Date Updated Nov 12, 2026

Description

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.

Contacts

Location

Located at 5402 - 47 Street, Red Deer, AB, this property is part of the Riverlands neighborhood.

  • 84/100 Very Walkable
  • 48/100 Some Transit
  • 61/100 Bikeable
Powered by Walk Score ®
Contact Carnival at Capstone
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.