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518 Laura Av 7,747 SF Office Building Red Deer County, AB T4E 0A5 $2,041,055 USD ($263.46 USD/SF)
Executive Summary
Salomons Commercial is pleased to offer for sale or lease a freestanding office building located at 518 Laura Avenue in Red Deer County. Situated in the heart of Gasoline Alley West—one of Central Alberta’s most active and strategically positioned commercial corridors—this professional office facility provides 7,747 square feet of space on a 1.5-acre parcel.
Constructed in 2014, the building features a functional main-floor office layout with upper-level storage, abundant surface parking, and significant undeveloped land on the west portion of the site, offering potential for future expansion. The property is easily accessed from both Highway 2 (QEII) and Highway 2A, providing strong visibility and regional connectivity.
The current tenant will be vacating the premises, making the property available for occupancy. Surrounded by significant commercial and residential developments, including Costco, Liberty Landing, and the Gasoline Alley Farmers’ Market, this offering is well-suited for owner-users, tenants, or investors seeking a well-located and flexible office asset. Possession is negotiable.
Constructed in 2014, the building features a functional main-floor office layout with upper-level storage, abundant surface parking, and significant undeveloped land on the west portion of the site, offering potential for future expansion. The property is easily accessed from both Highway 2 (QEII) and Highway 2A, providing strong visibility and regional connectivity.
The current tenant will be vacating the premises, making the property available for occupancy. Surrounded by significant commercial and residential developments, including Costco, Liberty Landing, and the Gasoline Alley Farmers’ Market, this offering is well-suited for owner-users, tenants, or investors seeking a well-located and flexible office asset. Possession is negotiable.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual (USD) | Annual Per SF (USD) |
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| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
7,747 SF
Building Class
A
Year Built
2014
Price
$2,041,055 USD
Price Per SF
$263.46 USD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
6,802 SF
Zoning
C@ - General Commercial District
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518 Laura Av
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