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$349,900
3 Beds 3 Baths A2329099 MLS® #
Welcome to this beautifully refreshed 1910 character home located in the heart of downtown Innisfail! Offering a wonderful blend of historic charm and modern updates, this spacious 3-bedroom, 2.5-bathroom home is situated on a large corner lot and showcases the timeless details of its era throughout.Filled with character, this home features beautiful original details, stunning windows, and abundant natural light. The inviting main floor offers an eat-in kitchen, formal dining room, and a comfortable living space with charming touches, including wooden window coverings. The primary bedroom retreat offers a private ensuite and a walk-in closet, complete with heated tile floors and a beautiful barn-door accent, creating the perfect blend of character and comfort.Upstairs, you'll find two generously sized bedrooms and a well-appointed 4-piece bathroom, offering comfortable space for family, guests, or a home office.Outside, this property offers exceptional space and functionality with two double garages, an attached double garage, and a heated detached double garage, along with RV parking and a large parking pad that accommodates several vehicles. Enjoy the private backyard, garden space, and room to relax, entertain, or enjoy the outdoors.Located within walking distance to schools, shopping, restaurants, parks, playgrounds, the swimming pool, and all the conveniences downtown Innisfail has to offer.A rare opportunity to own a beautifully refreshed piece of Innisfail history while enjoying the charm, space, and modern conveniences today's buyers are looking for!

5003 48 Street, Red Deer County

Courtesy of Royal LePage Network Realty Corp..

$410,000
A2330005 MLS® #
Rare fully-occupied investment offering in downtown Innisfail. This 2,357 SF freestanding building sits on a high-visibility corner lot at the west entrance to town on Main Street, with three-sided signage exposure. Occupied by the Alberta Government under a licence agreement generating $32,400/year (7.9% cap rate at asking), with scheduled increases to $34,800/year by 2028/29. Property tax partially exempt while government-occupied, keeping carrying costs low for ownership. Recent capital investment includes ~$100,000 in renovations and two HVAC units being replaced new ahead of listing, removing near-term capital risk for a new owner. A low-maintenance, essential-service tenant hold, priced to reflect current small-town Alberta cap rates.

5056 50 Street, Red Deer County

Courtesy of Century 21 Maximum.

$95,000
A2328224 MLS® #
An exciting opportunity awaits to own Canopy Salon & Spa, a well established full service salon and spa located in the heart of Innisfail. Under current ownership since 2018, this thriving business has earned an excellent reputation for quality service, professionalism, and exceptional client care while cultivating a loyal and growing customer base. The thoughtfully designed space offers a bright, modern atmosphere with dedicated areas for a variety of salon and spa services, creating multiple revenue opportunities within one established business. Premium Eufora professional hair care & colour products complement the salon's commitment to quality and customer satisfaction. Whether you're an experienced salon professional looking to own your own business or an entrepreneur seeking a turnkey opportunity, Canopy Salon & Spa provides an excellent foundation to continue growing an already successful operation. Conveniently located and strong community presence, this is a rare opportunity to step into an established business with room for future growth.

4911 50 Street Unit 103, Red Deer County

Courtesy of RE/MAX real estate central alberta.

$370,000
4 Beds 3 Baths A2327772 MLS® #
Welcome to this well-maintained bungalow offering the convenience of main floor living in a fantastic central Innisfail location. With excellent curb appeal, a welcoming front porch, and an attached double garage, this home is ready for its next owners. Inside, you'll find a bright and inviting layout filled with natural light, creating a warm and comfortable atmosphere throughout. The functional floor plan is designed for everyday living and offers plenty of space to relax or entertain. Step outside and enjoy the property's attractive exterior and inviting outdoor spaces, perfect for morning coffee on the front porch or spending time with family and friends. Ideally situated close to shopping, restaurants, parks, schools, and a variety of everyday amenities, this home also offers quick and convenient access to Highway 2, making commuting to Red Deer, Calgary, and surrounding communities simple. Combining comfort, convenience, and an excellent location, this is a fantastic opportunity to own a beautiful home in the heart of Innisfail.

4405 48 Street, Red Deer County

Courtesy of RE/MAX real estate central alberta.

$700
A2325490 MLS® # Royal Lepage Network BLDG.
Two attractive and bright lower-level office spaces (approx. 300 sq ft each) available for lease , located in the heart of Innisfail on Main Street. Each unit is offered at an affordable $700 per month, with all utilities included. Ideal for a professional office, book keeper, massage therapist, small retail boutique, or similar service-based business. Tenants enjoy access to a shared boardroom, two bathrooms, and a convenient separate sink counter area. An on-site receptionist is available Monday to Friday from 9:00 AM to 5:00 PM on the main level to accept parcels with an additional option to assist with secretarial tenant needs. This central location offers excellent visibility and foot traffic in a busy, established commercial building.

4923 50 Street Unit Suites B & C, Red Deer County

Courtesy of Royal LePage Network Realty Corp..

$699,900
A2322914 MLS® #
This is an excellent opportunity to own a well-maintained, income-producing commercial property in the heart of Main Street Innisfail. Offering 4,213 sq. ft. on the main floor plus an additional 3,450 sq. ft. of commercial space on the lower level, this property combines location, functionality, and long-term potential. Customers and tenants enjoy convenient parking along Main Street and access to a large parking lot at the back, along with a rear loading door for deliveries. The main floor is currently configured into multiple small office space and business space rentals, while the basement features a dance studio, providing steady rental income. Additional space in the building remains available to lease, both on the main floor and lower level, presenting an opportunity to further increase cash flow. Many upgrades have been completed in the past decade, including updated plumbing to PEX, three furnaces (providing both air and heat), and a 2014 hot water tank. The property also features a durable torch-on roof installed in 1999 by Integrated Roof Services, and updated front windows and doors completed approximately 10 years ago. With its prime Main Street location, strong income potential, and extensive recent upgrades, this property offers an outstanding opportunity for an investor or business owner looking to secure a long-term commercial holding in a growing community!

5036 50 Street, Red Deer County

Courtesy of Royal LePage Network Realty Corp..

$550,000
4 Beds 3 Baths A2313930 MLS® #
This MULTI ZOING PROPERTY is a must see. Check out the LEGAL 1-Bedroom ATTACHED SUITE with a Private Entrance including ALL furnishings! Or This oversized 23 x 29 HEATED SHOP with metal roof, 220V welder plugs, pre-wiring for a car lift, 12’7” ceilings, and a 10 x 16 garage door. The exterior offers a stamped concrete driveway and walkway, plus a 20-amp plug ready for vehicle use. Welcome to this beautifully renovated antique-style home, rebuilt from the studs up while maintaining its timeless charm. Located in the heart of Innisfail’s welcoming community, this home sits just one block from downtown shops, cafés, and amenities—offering both convenience and small-town warmth.The main home features 2 bedrooms up and 2 bedroom down, plus oversized room that can be used as a bedroom or has been pre wired and sound proofed for use as a theatre room. Relax in the spa-like bathroom with Bluetooth smart lighting on the main floor, or head down to the large bathroom down. Renovations were completed with quality in mind, including new appliances (2023/2024) with select Samsung smart features, new architectural shingles, a 50-gallon hot water tank (2023), all-new plumbing to the city line, new electrical, furnace, and ducting, and new windows throughout (excluding the front porch). Engineered hardwood flooring runs through the main floor and suite. A gas line is roughed in for a BBQ, awaiting final exterior connection. With mixed zoning, incredible upgrades, and a prime location in one of Innisfail’s most charming neighborhoods, this unique property is a must-see.

4836 49 Street, Red Deer County

Courtesy of Century 21 Maximum.

$1,699
A2285201 MLS® #
Office space or other uses possible. Main street Located ( 50 st ) large Lease Space which INCLUDES ALL UTILITIES and is close to Down Town center and across from busy Henday mall . 1565 sq ft +/- with two exterior Entrances off of TWO Separate Parking Areas. Also has Two separate Entrances to the Lease Space from the interior hallway. Lease rate is a monthly Flat fee + gst of $1699.00 All utilities INCLUDED . Unit has Central Air Conditioning. Has ability to have two working areas (maybe sub leased )as One entrance opens to large common space with an office with full window facing east, there is an open doorway to the 2nd common area. The Second Entrance on other side of lease space. If a smaller space is needed there is the possibility of separating the to set up your new Business location. Vacant so easy to show.

4924 48 Avenue Unit B, Red Deer County

Courtesy of Century 21 Advantage.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: .