Prime opportunity to own a free-standing building and land in a high-exposure location in Red Deer at the busy intersection of David Thompson Highway and Highway 2A. Positioned along two of Red Deer’s main traffic corridors, this property offers outstanding visibility and exceptional front exposure to a high-traffic area.
The building is free-standing with ample on-site parking, making it ideal for a wide range of business opportunities. A fantastic opportunity to change the use to suit your needs. There also appears to be potential for a drive-through addition to the property, subject to required approvals and modifications.
Conveniently located beside Scotiabank and directly across from Winners, Walmart, and Canadian Tire, as well as major banks, retailers, and many established franchises, this location benefits from strong surrounding retail traffic and excellent commercial exposure.
Don’t miss this exceptional investment and business opportunity in one of Red Deer’s most desirable commercial corridors.
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Essential information
MLS® number
A2309240
Status
Active
Price
$1,399,000
Property type
Commercial
Type
Retail
Transaction
For Sale
Restrictions
None Known
Building area
3,700 sq ft
Lot size
19,166 sq ft
Year built
1958
Structure
Retail
Listing brokerage
Century 21 Bravo Realty
Source
Pillar 9™ MLS® System
Interior
Included
see equipment list
Exterior and construction
Zoning
C-4
Community
Subdivision
RRNO
City
Red Deer
Province
AB
Postal code
T2N4E1
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Business valuation calculator
SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
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EBITDA—
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Pre-tax profit as the books show it
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Value at that multiple SDE × multiple
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Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%
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Arithmetic on the numbers you enter — not a valuation, not an appraisal and not financial advice. Real multiples vary enormously by industry, lease terms and how much the business depends on its owner. Have an accountant review the actual books before you rely on any of it. Nothing typed here is sent anywhere or saved.
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50 photos$1,200,0005114 48 Street, Red Deer
