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4950 47 Avenue, Red Deer, AB, T4N 6P8

MLS® # A2088567
Commercial For Sale In Parkvale, Red Deer, Alberta
$3,750,000
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
4950 47 Avenue, Red Deer, AB
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MULTIMEDIA

ACTIVE
4950 47 Avenue, Red Deer, AB, T4N 6P8
$3,750,000

Property Information:

Located in downtown Red Deer, this 22,888 SF building formerly housed a restaurant and casino. The building features a large, open area with multiple offices, storage rooms, and washrooms along the perimeter of the space. The restaurant includes a dining room, bar, and full kitchen, as well as a stage. The building also features a lounge area with its own washrooms and another kitchen. Additional office space is available on the second floor. There are 10 parking stalls on site, a parking lot to the south of the property, as well as an unlisted parking lot included in the sale. Street parking is also available nearby. The property and parking lots are also available for lease at $10.00 per square foot, per annum.

Inclusions: N/A

Property Features:

  • Built in: 1972
  • Floor Space (approx): 22888.00 Square Feet
  • Zoning: C1

Courtesy of: RE/MAX Commercial Properties

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

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 4950 47 Avenue, Red Deer, AB, T4N 6P8

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, 4950 47 Avenue , 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, 4950 47 Avenue , 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.

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Demographic Information of 4950 47 Avenue, Red Deer, AB, T4N 6P8

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$118,738.28

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.3 %

High school certificate or equivalent

31.69 %

Apprenticeship trade certificate/diploma

9.66 %

College/non-university certificate

22.62 %

University certificate (below bachelor)

0.46 %

University Degree

13.26 %

Commuter

Travel To Work

By Car

77.95 %

By Public Transit

3.08 %

By Walking

8.74 %

By Bicycle

0.12 %

By Other Methods

10.11 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

67.69 %

Houses

32.31 %

Own Vs. Rent

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