Address
5114 48 Street, Red Deer, AB
Price
$ 1,200,000
Property Attributes
  • MLS#A2320511
  • Type
  • Listing Status Active
  • CityRed Deer
  • NeighbourhoodDowntown Red Deer
  • Postal CodeT4N 1T2
  • StyleMixed Use
  • Year Built1958
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.116276 Acres
Data Source:
Pillar 9 Technologies
Property Description

Now offering For Sale an Iconic 5450 sqft end unit building in downtown Red Deer, AB. This building has had some extensive renovations over the past few years. Upgraded electrical, plumbing, heating and sprinkler system. The building is currently set up as a boutique / cafe / night club for music venues, comedy and various entertainment. Comes equipped with a kitchen, entertainment stage, sound booth, eat up bar, tables and chairs. Employee lounging area is located on the upper level and features an outdoor patio. The main level has custom 2 tiered seating area, coat check and updated customer washrooms. Plenty of parking available with metered street parking and a large metered parking lot across the road. Also available "For Lease" under MLS# A2320515

Price History
6/12/2026 Listed $1,200,000

General Features

Heating Forced Air,Natural Gas
Roof Flat
Zoning C-1
Restrictions None Known
Year Built 1958
Business Type Bar/Tavern/Lounge,Clothing,Food & Beverage,Variety
Property Subtype Mixed Use
Transaction Type For Sale
County Red Deer
Property Type Commercial
Subdivision Name Downtown Red Deer
Commercial Amenities Emergency Lighting,Exhaust Fan(s),Freezer(s),Kitchen,Laundry Facility
Status Active
City Red Deer
Virtual Tour URL Unbranded https://unbranded.youriguide.com/b1e4a_5114_48_st_red_deer_ab/
Structure Type Mixed Use
Virtual Tour URL Branded https://youriguide.com/b1e4a_5114_48_st_red_deer_ab/
Standard Status Active
Accessto Property Public

Interior Features

Below Grade Finished Area Unit Type SquareFeet
Building Area Total SF 5450.00
Building Area Total Metres 506.32
Main Level Areas SquareFeet

Exterior Features

Inclusions As is: bar equipment,kitchen equipment,tables,chairs,washer,dryer,walk-in cooler,refrigerator
Building Area Total 5450.00
Lot Size Acres 0.12
Lot Size Square Feet 5065

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Average in T4N 1T2

Price
AVG $600K
$1.2M
Year Built
AVG 1958
1958