4930 50 Street, Red Deer

2026-09-27

4930 50 Street, Red Deer, Alberta

3563 ft² 2 Garage
For Sale Other
$750,000

MLS®#A2348392

Fully leased mixed-use commercial building in the heart of downtown Red Deer, one block off Ross Street. The Farthing Block offers two income streams: a main floor restaurant and lounge on a three-year net lease, and a self-contained second floor residential suite on a fixed term. The commercial tenancy includes the full developed basement, which houses the working kitchen, prep area, office, washroom and storage.Approximately 2,500 sq ft on the main floor and 1,063 sq ft on the second, plus a full lower level, on a 3,125 sq ft C-1 City Centre lot. Building services were upgraded under current ownership. Three-phase electrical was brought in to support commercial kitchen equipment, and the building runs fully electric with the gas service removed. The kitchen build-out and walk-in coolers stay with the property.C-1 zoning allows the broadest commercial use range in the city. Located within the downtown restaurant and hospitality cluster near the Ross Street Patio entertainment district. (id:32467)

Building Other
Rooms
Bedrooms
Bathrooms 0
Square Footage 3563 ft²
Built in 1929
Parking Type 2
Neighbourhood Red Deer

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Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 3% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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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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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.

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

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Bhavya
Bhavya Soni

Associate

Opendreamdoorswithbhavya@gmail.com

7807070479

Support Area:
Edmonton,Beaumont,Fort Saskatchewan,Spruce Grove,Stony Plain,Sherwood Park,St Albert,Millet,Wetaskiwin,Calmar,Devon,Morinville,Westlock County,Red Deer,Rimbey,Athabasca,Leduc,Falun,Ponoka,Lacombe,Camrose,Thorby,Drayton Valley
Bhavya Soni is one of the top performing full-time agents of One Percent Realty. Her name has been published TWICE, first as #5 agent in the "TOP 10 AGENTS IN EDMONTON 2024" & #10 agent in the "TOP 10 AGENTS IN EDMONTON 2025" while being pregnant with her first child...
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