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5114 48 Street

Red Deer, AB

5,450
Sq Ft
Commercial
Type

Built 1958 · 5065 sqft

$852,000 above the Downtown benchmark of $348,000

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About This Home

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 (id:67953)

Property Details

MLS® Number
A2320511
Lot
5065 sqft
Year Built
1958
Days On Market
154

Features

  • Heating: Forced air

From Above

The Neighbourhood

Living In Downtown

Explore

Central Red Deer living close to shops, cafés and services.

Benchmark home price$348,000
Average days on market41 Days
Active homes for sale17
Year-over-year change+6%
For Families

Schools Near This Home

  • Lindsay Thurber Comprehensive High
  • Hunting Hills High School
  • École Notre Dame High
  • Red Deer Polytechnic

These are the schools serving Red Deer. Catchments shift now and then, so it's worth a quick check with the school division for this exact address.

Listing Courtesy Of
Royal LePage Network Realty Corp.
Stephan Trudel
MLS® A2320511 · 154 Days On Market
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Listing information is provided by the listing brokerage and is deemed reliable but not guaranteed. Corridor Real Estate is not the listing brokerage. Listing data on this site is provided through CREA's DDF® by Cooper Jones, REALTOR®, Coldwell Banker OnTrack Realty, a member of The Canadian Real Estate Association, who is responsible for this website's listing content. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. REALTOR.ca Canada Inc. reproduces and distributes this information as a service for its members and neither CREA nor REALTOR.ca Canada Inc. assumes responsibility for its accuracy. REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Terms Of Use

$1,200,000
Est. $5,255/mo
Central Alberta lakeside landscape

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