$440,000
$479,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 01/15/2025
Key Details
Sold Price $440,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown Red Deer
MLS® Listing ID A2119067
Sold Date 01/15/25
Originating Board Central Alberta
Year Built 1996
Annual Tax Amount $7,000
Tax Year 2024
Property Description
Don't miss out on this exceptional opportunity featuring 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 prime location benefits from high foot traffic, making it ideal for a restaurant venture. Established in 1978, the space has been home to a long-standing restaurant that has served the community for over 45 years, along with a takeout business that caters to customers via popular delivery platforms.
The building itself has seen significant upgrades, including new flooring, fresh paint, a modern hot water tank, and comfortable bench seating. It offers seating capacity for approximately 100 patrons and features a spacious cooking area, making it a truly turnkey opportunity. A comprehensive list of inclusions ensures that all necessary resources for running a restaurant are provided. The current owners are also committed to facilitating a smooth transition of ownership by offering support to the new proprietors.
Seize this fantastic opportunity to own a well-established venture in the heart of Downtown Red Deer!
Location
Province AB
County Red Deer
Zoning C1
Interior
Heating Natural Gas
Cooling Central Air
Exterior
Roof Type Tar/Gravel
Others
Restrictions None Known
Tax ID 83345020
Ownership Private
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