5114 48 Street, Red Deer

2026-06-12
 

Quick Summary

Location
5114 48 Street, Red Deer, Alberta T4N1T2
Price
$1,200,000 CAD
Status:
For Sale
Property Type:
Other
Area:
5450 sqft
Year of Construction:
1958
Video Link:

MLS®#A2320511

Property Description

Now offering For Sale an Iconic 5450 sqft end unit building in downtown Red Deer, AB. This building has had some extensive renovations over the past few years. Upgraded electrical, plumbing, heating and sprinkler system. The building is currently set up as a boutique / cafe / night club for music venues, comedy and various entertainment. Comes equipped with a kitchen, entertainment stage, sound booth, eat up bar, tables and chairs. Employee lounging area is located on the upper level and features an outdoor patio. The main level has custom 2 tiered seating area, coat check and updated customer washrooms. Plenty of parking available with metered street parking and a large metered parking lot across the road. Also available "For Lease" under MLS# A2320515 (id:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 5450 sqft
  • Building Type: Commercial Mix

Land

  • Land Size: 5065 sqft|4,051 - 7,250 sqft

Zoning

  • Description: C-1

Information entered by Royal LePage Network Realty Corp.
Listing information last updated on: 2026-06-12 03:57:23


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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What is the deal exactly, with One Percent Realty?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

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What do you charge?

For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

Q
Are your listings on MLS® and realtor.ca?

Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.


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Bhavya Soni Associate

Phone:
7807070479
Email:
Opendreamdoorswithbhavya@gmail.com
Support Area:
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