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4914 52 Street, Red Deer, AB, T4N 4B4

MLS® # A2119067
Commercial For Sale In Downtown, Red Deer, Alberta
$549,500
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
4914 52 Street, Red Deer, AB
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ACTIVE
4914 52 Street, Red Deer, AB, T4N 4B4
$549,500

Property Information:

Don't miss out on this exceptional turn-key opportunity featuring two thriving businesses and a commercial building nestled in Downtown Red Deer. Situated in the bustling professional business hub, surrounded by government offices, law firms, and a state-of-the-art judicial building. This location boasts high foot traffic, making it ideal for a restaurant venture.Established in 1978, this family-owned restaurant, Saros Pizza Steak and Spaghetti House, has been a staple in the community for 45 years. Alongside Saros, Pegasus 2 for 1 Pizza operates as a takeout business, catering to customers through popular platforms like Uber Eats and Skip the Dishes. Both establishments have garnered numerous accolades over the years, including awards for "Best Greek Dining" and multiple recognitions in the Red Deer Readers Choice for "Best Lunch Spot."The building itself has undergone significant upgrades, including new flooring, fresh paint, a modern hot water tank, and comfortable bench seating. With a seating capacity for approximately 100 patrons and a spacious cooking area, this opportunity is truly turnkey. Additionally, a comprehensive list of inclusions ensures that all necessary resources for running the restaurant are included.The current owners are committed to facilitating a smooth transition of ownership, offering training and support to the new proprietors. Don't let this fantastic opportunity slip by – seize the chance to own a thriving business in the heart of Downtown Red Deer.

Inclusions: Inventory List Available

Property Features:

  • Built in: 1996
  • Business Type: Restaurant
  • Cooling: Central Air
  • Floor Space (approx): 2546.00 Square Feet
  • Heating: Natural Gas
  • Roof: Tar/Gravel
  • Zoning: C1

Courtesy of: RE/MAX real estate central alberta - Ponoka

Data provided by: Central Alberta REALTORS® Association 4922 45 St., Red Deer, Alberta T4N 1K6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 4914 52 Street, Red Deer, AB, T4N 4B4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Significant

28 hot days expected in 2050

Projected Storm Risk: Significant

11 storms expected in 2050

Projected Heat Risk: Significant

28 hot days expected in 2050

37/100

Significant

ClimateCheck®

Current data

This property, 4914 52 Street , experiences 7 hot days per year at around 28.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 32.7 degrees Celsius.

Projected Avg. Temperature

Past
28.9℃
2050
32.7℃

# Hot Days Per Year

Past
7
2050
28

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Significant

11 storms expected in 2050

25/100

Significant

ClimateCheck®

Current data

This property, 4914 52 Street , experiences 10 significant 2-day storms per year, with about 207.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 219.3mm of precipitation per year.

Precipitation Per Storm

Past
207.2mm
2050
219.3mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 4914 52 Street, Red Deer, AB, T4N 4B4

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$89,765.43

Average Number of Children

1.44

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.59 %

High school certificate or equivalent

33.08 %

Apprenticeship trade certificate/diploma

6.89 %

College/non-university certificate

22.83 %

University certificate (below bachelor)

1.09 %

University Degree

8.52 %

Commuter

Travel To Work

By Car

78.5 %

By Public Transit

5.18 %

By Walking

14.96 %

By Bicycle

0.0 %

By Other Methods

1.36 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

91.7 %

Houses

8.3 %

Own Vs. Rent