4950 47 Avenue, Red Deer

4950 47 Avenue, Red Deer, AB T4N6P8 Photo 1

25 Photos

4950 47 Avenue, Red Deer, AB T4N6P8 Photo 2
4950 47 Avenue, Red Deer, AB T4N6P8 Photo 3
4950 47 Avenue, Red Deer, AB T4N6P8 Photo 4
4950 47 Avenue, Red Deer, AB T4N6P8 Photo 5
4950 47 Avenue, Red Deer, AB T4N6P8 Photo 6
4950 47 Avenue, Red Deer, AB T4N6P8 Photo 7
  • Living area: 22888 square feet
  • MLS®: a2088567
  • Type: Commercial
  • Added: 196 days ago

Property Details

Located in downtown Red Deer, this 22,888 SF building formerly housed a restaurant and casino. The building features a large, open area with multiple offices, storage rooms, and washrooms along the perimeter of the space. The restaurant includes a dining room, bar, and full kitchen, as well as a stage. The building also features a lounge area with its own washrooms and another kitchen. Additional office space is available on the second floor. There are 10 parking stalls on site, a parking lot to the south of the property, as well as an unlisted parking lot included in the sale. Street parking is also available nearby. The property and parking lots are also available for lease at $10.00 per square foot, per annum. (id:1945)

Property Information

  • Tax Lot: 15
  • Tax Year: 2023
  • Tax Block: 38
  • Year Built: 1972
  • Living Area: 22888
  • Photos Count: 25
  • Parcel Number: 0017391962
  • Structure Type: Commercial Mix
  • Subdivision Name: Downtown Red Deer
  • Tax Annual Amount: 60894.79
  • Building Area Total: 22888
  • Zoning Description: C1
  • Above Grade Finished Area: 22888
  • Above Grade Finished Area Units: square feet
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Nearby Places

Name Type Address Distance
50th Street Tandoor and Grill Restaurant 4707 50 St 0.1 km
Noodle House The Restaurant 4815 48 Ave 0.3 km
Red Deer Public School District 104 or the Red Deer Public School District is resp... 0.3 km
Red Deer, Alberta It is located near the midpoint of the Calgary–Edm... 0.4 km
Red Deer County 8 and surrounding the City of Red Deer... 0.4 km
Division No. 8, Alberta 8 is a census division in Alberta, Canada... 0.4 km
La Casa Pergola Bar 4909 48 St 0.5 km
City Roast Coffee Cafe 4940 50 St 0.6 km
Outreach School Centre School Red Deer 0.7 km
Red Deer Lodge Hotel and Conference Centre Night club 4311 49 Ave 0.7 km
Pho Thuy Duong Vietnamese Restaurant Restaurant 5108 52 St 0.7 km
Original Joe's Restaurant & Bar Restaurant 4720 51 Ave 0.8 km
Similar Commercial listings Stat in Red Deer
We have found 6 Commercial that closely match the specifications of the property located at 4950 47 Avenue with distances ranging from 2 to 9 kilometers away. The prices for these similar properties vary between 2,300,000 and 4,300,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Commercial in the T4N6P8 postal code area of Red Deer Alberta Canada.

Demographic Information

Neighbourhood Education

Bachelor's degree 40
Certificate of Qualification 35
College 45
University degree at bachelor level or above 45

Neighbourhood Marital Status Stat

Married 105
Widowed 30
Divorced 55
Separated 15
Never married 95
Living common law 45
Married or living common law 140
Not married and not living common law 195

Neighbourhood Construction Date

1961 to 1980 75
1981 to 1990 30
1991 to 2000 15
2006 to 2010 10
1960 or before 60
Comparison of 4950 47 Avenue, Red Deer, AB with Nearby Commercial listings
Nearby Cities Listings Avg. price
Rural Red Deer County 125 $923.187
Rural Lacombe County 74 $886.481
Sylvan Lake 79 $760.914
Lacombe 112 $631.336
Rural Ponoka County 101 $608.330
Ponoka 56 $665.700
Olds 55 $704.484
Rural Wetaskiwin County 126 $394.886
Popular Cities Listings Avg. price
Calgary 2456 $823.414
Edmonton 3749 $718.126
Lethbridge 331 $475.627
Vernon 849 $836.020
Other 667 $783.881
Grande Prairie 547 $755.361
Rural Grande Prairie No 1 County Of 312 $743.132
Kelowna 1386 $1.129.112
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