4930 50 Street, Red Deer, AB T4N1X7
| Transaction Type For Sale | Status Active | MLS # A2348392 |
| City Red Deer | Community Downtown Red Deer | Province Alberta |
| Building/Unit Size 3,413 sqft | Land Size 0.07 acre | Listing Price $750,000 |
| Lease Amount - | Lease Amount Frequency - | Lease Measurement SF |
| Property Type Commercial | Property Subtype Mixed Use | Land Use Code C-1 |
| Business (Y/N) No | Business Type Restaurant | List Date 2026-09-26 |
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Public Remarks
Fully leased mixed-use commercial building in the heart of downtown Red Deer, one block off Ross Street. The Farthing Block offers two income streams: a main floor restaurant and lounge on a three-year net lease, and a self-contained second floor residential suite on a fixed term. The commercial tenancy includes the full developed basement, which houses the working kitchen, prep area, office, washroom and storage. Approximately 2,350 sq ft on the main floor and 1,063 sq ft on the second, plus a full lower level, on a 3,125 sq ft C-1 City Centre lot. Building services were upgraded under current ownership. Three-phase electrical was brought in to support commercial kitchen equipment, and the building runs fully electric with the gas service removed. The kitchen build-out and walk-in coolers stay with the property. C-1 zoning allows the broadest commercial use range in the city. Located within the downtown restaurant and hospitality cluster near the Ross Street Patio entertainment district. |
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Courtesy of KIC Realty
Century 21 Bravo Realty
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Calgary, AB T2E 7A4
Century 21 Leading (Affiliated)
#130 14315 118 Ave NW
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Laboutique Realty
#106-460 Doyle Avenue
Kelowna, BC V1Y 0C2
Sutton Group Seafair Realty
#550 - 9100 Blundell Road
Richmond, BC V6Y1K3
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(403) 539-9980
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