Space
Finished area and layout
- Living Area
- 3,413 sqft
- Above Grade
- 3,413 sqft
- Finished Breakdown
- Above 3,413 sqft
- Building Area
- 3,413 sqft
3,413 sqft
Living Area
3,125 sqft
Lot
1929
Year Built
2
Parking
Property Snapshot
Key details for this listing
MLS #A2348392
Property
Type, style and structure
- Type
- other
- Style
- other / Detached
- Ownership
About This Property
This other in Red Deer offers 3,413 sqft of living area on a 3,125 sqft lot. Built in 1929. The property has lot dimensions of 3125.00. The home features baseboard heaters, electric heating, central air conditioning.
MLS Remarks
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:60351)
Full Listing Details
Address4930 50 Street
MLS#A2348392
Listing StatusActive
Property TypeOther
TransactionSale
Days on Market29
Common InterestFreehold
Annual Tax$6,719 (2026)
Parking2
Structure TypeCommercial Mix
StyleDetached
Year Built1929
ConstructionPoured concrete, Wood frame
Number of Buildings1
Living Area3,413 sqft
Above Grade Area3,413 sqft
CityRed Deer
ProvinceAlberta
Postal CodeT4N1X7
SubdivisionDowntown Red Deer
Lot Size3,125 sqft
Lot Dimensions3125.00
Zoning DetailsC-1
Total Parking2
HeatingBaseboard heaters, Electric
CoolingCentral air conditioning
FoundationPoured Concrete
ExteriorConcrete
Annual Tax$6,719 (2026)
Business TypeRestaurant
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