







1/9101, 4807 50 Avenue, Red Deer, AB T4N4A5
$14 Yearly
2,678 SF
Asset Class
Specialty
Size
2,678 SF
Building class
C
Zoning
DC2 — Site Specific
$ / SF
$0
Occupancy
100%
Year Built
1939
Position your business in the heart of downtown Red Deer at Century Centre. This impressive 2,678 sq. ft. main-floor commercial space offers a bright, spacious open-concept layout that can accommodate a wide range of retail, professional, training, wellness or community-focused uses.Previously operated as both a retail store and a meeting and program facility, the space combines flexibility with distinctive character. Features include large street-facing display windows, exposed brick accents, extensive custom built-in shelving and cabinetry, a central service counter, two fitting or private rooms, and two storage rooms. The open floor plan provides excellent flexibility for merchandising, group instruction, client services, collaborative work areas or a customized office layout.Century Centre is a well-established downtown property with a professional tenant mix that includes Chiropractic, Security, Real Estate, Careers and Law. Located along Alexander Way—commonly known as “Little Gaetz”—the building is within walking distance of the Red Deer Justice Centre, City Hall, major banks, restaurants, shops and other downtown services.Customers and staff will appreciate adjacent surface parking and nearby on-street parking. A distinctive and adaptable space in a central, recognizable building. Additional rent is estimated at $8.75 per sq. ft. Proposed uses are subject to landlord and municipal approval. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$0
Cash-on-cash
5.34%
DSCR
1.29
Going-in cap
7.14%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
| Tenant | Area | Expiry |
|---|---|---|
| Cascade Foods Inc. | 2,675 SF | 2033-08 |
Trade area within 3 miles of the property.
Population
136,584
Households
49,795
Median income
$119,500
Median age
35.4
Daytime population
131,485
5-yr growth
3.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 101, 4807 50 Avenue, Red Deer.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.