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4919 50 Street
Downtown Red Deer Red Deer T4H 1X8

$490,000
Other

Front street
Photo 1: 4919 50 Street in Red Deer: Other for sale : MLS®# A2341112
Photo 2: 4919 50 Street in Red Deer: Other for sale : MLS®# A2341112
Photo 3: 4919 50 Street in Red Deer: Other for sale : MLS®# A2341112
Photo 4: 4919 50 Street in Red Deer: Other for sale : MLS®# A2341112
Photo 5: 4919 50 Street in Red Deer: Other for sale : MLS®# A2341112
Photo 6: 4919 50 Street in Red Deer: Other for sale : MLS®# A2341112
Status:
Active
Prop. Type:
Other
MLS® Num:
A2341112
Build. Type:
Commercial Mix
A Classic brick exterior Fully leased Commercial Building located in the Heart of busy Downtown on 50 St between the Old Post office building and Royal bank building. This Street Level Store front Building is a total of 2994 sq ft. Plus /Minus . There are two separate rental units , both are tenant occupied. The Front unit has the Restaurant , there since Nov 1 2024 , lease in place till Dec 31 2027 . The Back unit is a Therapy massage clinic with direct access from back alley and has been there since 2013 . Lease till June 30 2028. A nice plus for the building is the Central AC for the whole bulding supplied by the Roof top HVAC unit. Front space which is around 1220 sq ft ,has had numerous upgrades with large open front area ( large windows), 2 bathrooms, Secondary kitchen area and office. The cement basement area is about 500 Sq ft , with open storage area with shelving ,a separate storage room , a utility room (secondary furnace and large hot water tank ) , plus two washrooms ( need upgrading ) . Electrical panels are located in this unit. Back Lease space is around 1700 sq ft. set up with separate rooms ,washroom, they also have one parking space . There is an interior secure double locked doorway that separates the 2 units. As a holding property, the numbers are favorable. Leases include all utilities.Large Public metered parking lot is located behind the building, metered street parking stalls in front plus a Delivery stall The Downtown area has new programs in place to help create more activity and enhance public shopping, as well there is a lot of new development in the area that is creating more consumer traffic. (id:2493)
Property Type:
Other
Common Interest:
Freehold
Total Living Area:
2,919 sq. ft.
Total Building Area:
2,919 sq. ft.
Finished Area Above Grade:
2,919 sq. ft.
Lease Type:
Gross
Zoning:
c1
Taxes:
$7,034 / 2026
Community:
Downtown Red Deer
Exterior Features:
Concrete, Brick
Security Features:
Smoke Detectors
Structure Type:
Commercial Mix
Number of Buildings:
1
Construction Material:
Poured concrete, Wood frame
Fireplace:
No
Foundation:
Poured Concrete
Heating:
Natural gas, See remarks, Central heating
Lot Frontage:
23'11¾"
Lot Size:
3,132 sq. ft.
Lot Details:
290.95
Total Parking Spaces:
1
  • Photo 1: 4919 50 Street in Red Deer: Other for sale : MLS®# A2341112
    Front street
  • Photo 2: 4919 50 Street in Red Deer: Other for sale : MLS®# A2341112
    FRont interior
  • Photo 3: 4919 50 Street in Red Deer: Other for sale : MLS®# A2341112
    Photo 3 of 6
  • Photo 4: 4919 50 Street in Red Deer: Other for sale : MLS®# A2341112
    Back business
  • Photo 5: 4919 50 Street in Red Deer: Other for sale : MLS®# A2341112
    Back waiting room
  • Photo 6: 4919 50 Street in Red Deer: Other for sale : MLS®# A2341112
    Photo 6 of 6
Listed by Century 21 Advantage
Data was last updated September 23, 2026 at 03:45 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$544,950
Min list price:
$329,900
Max list price:
$4,000,000
Avg days on market:
100
Min days on market:
4
Max days on market:
348
Avg price per sq.ft.:
$184.29
These statistics are generated based on the current listing's property type and located in Downtown Red Deer. Average values are derived using median calculations. This data is not produced by the MLS® system.
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