$635,000.00 2,546 Sq.ft

4914 52 Street , Red Deer. T4N 4B4


What a great turn-key opportunity with 2 businesses AND commercial building located in Downtown Red Deer. This building is located in the heart of the professional business core surrounded by government buildings, law offices, and a brand new judicial building scheduled to be finished in 2023. This is a high traffic area, that is a great place for a restaurant. This family owned restaurant has been in business since 1978 (45 years!) and comes with two businesses, Saros Pizza Steak and Spaghetti House and Pegasus 2 for 1 Pizza. While Saros Restaurant is on the front of the building and is served on the menu, Pegasus 2 for 1 Pizza is a takeout business that is offered on Uber Eats and Skip the Dishes. These businesses have won numerous awards over the years including "Best Greek Dining" and several awards in the Red Deer Readers Choice for "Best Lunch Spot" amongst others. This building has seen lots of upgrades including flooring, paint, newer hot water tank, and bench seating. With a seating capacity currently set for around 100 people, and a large cooking area this is as turnkey as it gets! This building and business also comes with a list of inclusions that has everything you need to run this restaurant! The current owners are willing to provide training and make for a smooth transition of ownership. This is such a great opportunity and shouldn't be overlooked!

Listing Information

Prop. Type:Commercial
MLS #:A2058664
City:Red Deer
Neighbourhood:Downtown Red Deer
Building/Unit Size: 2,546 sq.ft
Land Size:0.00 Acre
Listing Price:$635,000.00
Lease Rate:$0.00
Business Type: Restaurant Restaurant
Property Subtype:Business
Transaction Type:For Sale
Land Use Code:C1
Listing Contract Date:2023-06-19

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "RE/MAX real estate central alberta - Ponoka" listing brokerage.

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