$389,900Est. $1,707/mo
5101 50 Avenue
Downtown, Red Deer
11,897 sq ft
Listing Courtesy Of Century 21 Advantage
Commercial
Corridor Real Estatecorridorrealestate.ca
4930 50 Street
Downtown, Red Deer, AB
$750,000
3,413 Sq Ft · Detached · Built 1929
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. (id:67953)
- MLS® Number
- A2348392
- Parking
- 2
- Lot
- 3125 sqft
- Year Built
- 1929
- Days On Market
- 47
MLS® A2348392 · Listing Courtesy Of Ben James, KIC Realty. Corridor Real Estate is not the listing brokerage. Information deemed reliable but not guaranteed. 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.
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4930 50 Street
Red Deer, AB
- 3,413
- Sq Ft
- Commercial
- Type
Built 1929 · 3125 sqft · Central A/C
$402,000 above the Downtown benchmark of $348,000
About This Home
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. (id:67953)
Property Details
- MLS® Number
- A2348392
- Parking
- 2
- Lot
- 3125 sqft
- Year Built
- 1929
- Days On Market
- 47
Features
- Cooling: Central air conditioning
- Heating: Baseboard heaters
From Above
The Neighbourhood
Living In Downtown
ExploreCentral 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
KIC Realty
Ben James
MLS® A2348392 · 47 Days On Market
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
$750,000
Est. $3,284/mo
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