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5114 48 Street, Red Deer

RRRR, Red Deer

$1,200,000

About this property

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

Essential information

MLS® number
A2320511
Status
Active
Price
$1,200,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
5,450 sq ft
Lot size
5,065 sq ft
Year built
1958
Structure
Mixed Use
Listing brokerage
Royal LePage Network Realty Corp.
Source
Pillar 9™ MLS® System

Interior

Heating
Forced Air, Natural Gas
Included
As is: bar equipment, kitchen equipment, tables, chairs, washer, dryer, walk-in cooler, refrigerator

Exterior and construction

Roof
Flat
Zoning
C-1

Commercial

Business type
Bar/Tavern/Lounge, Clothing, Food & Beverage, Variety

Community

Subdivision
RRRR
City
Red Deer
Province
AB
Postal code
T4N 1T2

Where it is

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Investment calculator

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The purchase

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The building

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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.

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MLS® data last updated Nov 8, 2026, 12:50 a.m. (Mountain Time).

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