Red Deer, AB Commercial Real Estate for Lease and Sale

Explore 118 listing(s) of commercial real estate in Red Deer, AB to find the best space for your business.

CRE Market FAQs

Riverside Light Industrial Park

4628 62 Street, Riverside Light Industrial Park, Red Deer, AB
Property Type

Industrial
For Sale

$1,290,000
Built in 1992 / Property size 11,206 SF
View Details
Timberlands Station

20 Thomlison Avenue, Timber Ridge, Red Deer, AB
Space Type

Retail
For Lease

$25.00 - $30.00/SF/YR
6 spaces available / 1,350 - 10,878 SF
View Details
250 Queens Drive

250 Queens Drive, Queens Business Park West, Red Deer, AB
Property Type

VacantLand
For Sale Contact for pricing
View Details
4709 - 4719 49th Avenue

4719 49th Avenue, Downtown Red Deer, Red Deer, AB
Space Type

Retail
For Lease

$10.00/SF/YR
1 space available / 1,825 SF
View Details
Spacepreneur - 6720 71 Street

6720 71 Street #2, Red Deer, AB
Space Type

Private Offices
For Lease

From CA$500/month
View Details
4940 51 Avenue

4940 51 Avenue, Downtown Red Deer, Red Deer, AB
Space Type

Office
For Lease

$18.00/SF/YR
1 space available / 2,699 SF
View Details
GrupDesk - 5212 48 Street

5212 48 Street #B102, Red Deer, AB
Space Type

Desks
For Lease

From CA$20/day
View Details
4320 50 Avenue

4320 50 Avenue, Downtown Red Deer, Red Deer, AB
Space Type

Office
For Lease

$17.00 - $20.00/SF/YR
2 spaces available / 1,655 - 5,762 SF
View Details
8319 Chiles Industrial Avenue Bays 110 & 140

8319 Chiles Industrial Avenue, Labuma, Red Deer, AB
Property Type

Industrial
For Sale

$1,200,000
Property size 10,900 SF
View Details
Southpointe Common

2004 – 50 Avenue, South Hill South, Red Deer, AB
Space Type

Retail
For Lease Contact for pricing

1 space available / 2,701 SF
View Details
4711 51 Avenue

4711 51 Avenue, Downtown Red Deer, Red Deer, AB
Property Type

Retail
For Sale

$4,200,000
Built in 1962 / Property size 42,091 SF
View Details
4418 50 Avenue

4418 50 Avenue, Downtown Red Deer, Red Deer, AB
Space Type

Retail
For Lease

$6.50/SF/YR
1 space available / 1,976 SF
View Details

Frequently Asked Questions

Here is a rundown of the primary commercial real estate property types currently available in Red Deer:
- Office Space: The market includes 124,977 square feet of office spaces in addition to 71 coworking locations.
- Retail Space: Between malls, restaurants and stores, Red Deer is home to 373,540 square feet of available retail space.
- Industrial Space: Warehouses, distribution centers, manufacturing facilities and other industrial types total 222,339 square feet of available space in Red Deer.
The average rent for commercial real estate in Red Deer is $13.35 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in Red Deer costs $6, while the city’s premium locations ask up to $22.5.
The best area for commercial real estate in Red Deer will depend greatly on your needs. The neighborhood with the largest overall number of commercial listings is Downtown Red Deer, home to no fewer than 53 listings for space of all types. If you're looking for office space, Downtown Red Deer has the highest concentration of office listings at 46.

Meanwhile, Edgar Industrial Park has the highest number of industrial availabilities (7), while Bower boasts the largest number of retail listings in the city (11).
CommercialCafe’s CRE offering in Red Deer is enabled by a network of 27 active brokers from 9 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.

To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.

Asking rents in the city can be as high as $22.5 per square foot. In particular, the property type commanding the highest lease rates in Red Deer is Retail space.
The average size of a commercial property here stands at 42,917. However, different asset classes and zoning laws will result in vastly different property sizes. Here is a breakdown of the average size of different commercial asset classes in Red Deer:
Office properties:
- Average size: 4,166 square feet.
- Largest property: Main And Lower (5,800 square feet).
Retail properties:
- Average size: 13,341 square feet.
- Largest property: Units 1,1a, 2 and 3 (30,724 square feet).
Industrial properties:
- Average size: 6,177 square feet.
- Largest property: Main Building (33,903 square feet).

Red Deer, AB Commercial Space Listings

Commercial Space for Lease - Breakdown

The 78 listings for commercial real estate currently available for rent in Red Deer add up to 516,466 square feet across various property types. Here's a breakdown of the available space by category:

Property Type	Count of Listings	Total Sq. Ft.
Office	30	116,018
Retail	21	193,452
Industrial	27	206,996

Office properties:

The market has 30 active office listings, encompassing 116,018 square feet.
Red Deer office spaces currently listed on CommercialCafe represent 38% of the total commercial real estate market in Red Deer, compared to an average of 39% across all markets tracked by CommercialCafe.

Retail Space:

There are 21 retail listings available, adding up to a total of 193,452 square feet.
Retail spaces account for approximately 26% of the local commercial market, while the average share taken up by retail in all U.S. markets is 34%.

Industrial Space:

The industrial market in Red Deer offers 27 listings, amounting to 206,996 available square feet.
Industrial spaces, including warehouses and manufacturing sites, make up about 34% of the total commercial space available in the market, compared to a nationwide average of 25%.

The data presented in this section was last updated as of September 10, 2026

Commercial Space for Sale - Breakdown

There are currently 45 properties listed for sale in the Red Deer market, adding up to 173,419 square feet of space available for purchase. Here is a breakdown of the commercial space for sale listed locally:

10 office properties
8 retail properties
9 industrial properties

The data presented in this section was last updated as of September 10, 2026

Property Type	Count of Listings	Total Sq. Ft.
Office	10	62,961
Retail	8	56,851
Industrial	9	53,415
Other	18	192

Red Deer, AB Commercial Real Estate for Lease and Sale

Riverside Light Industrial Park

Timberlands Station

250 Queens Drive

4709 - 4719 49th Avenue

Spacepreneur - 6720 71 Street

4940 51 Avenue

GrupDesk - 5212 48 Street

4320 50 Avenue

8319 Chiles Industrial Avenue Bays 110 & 140

Southpointe Common

4711 51 Avenue

4418 50 Avenue

Frequently Asked Questions

Red Deer, AB Commercial Space Listings

Commercial Space for Lease - Breakdown

Commercial Space for Sale - Breakdown

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