Address
4914 52 Street, Red Deer, AB
Price
$ 498,500
Property Attributes
  • ID#A2119067
  • TypeCommercial
  • CountyREDDEER
  • CityRed Deer
  • NeighborhoodDowntown
  • ZipT4N 4B4
  • StyleCommercial Business
  • Price$ 498,500
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2546
Data Source:
RLP - CREA EN
Property Description

Don't miss out on this exceptional turn-key opportunity featuring two thriving businesses and 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 location boasts high foot traffic, making it ideal for a restaurant venture.Established in 1978, this family-owned restaurant, Saros Pizza Steak and Spaghetti House, has been a staple in the community for 45 years. Alongside Saros, Pegasus 2 for 1 Pizza operates as a takeout business, catering to customers through popular platforms like Uber Eats and Skip the Dishes. Both establishments have garnered numerous accolades over the years, including awards for "Best Greek Dining" and multiple recognitions in the Red Deer Readers Choice for "Best Lunch Spot."The building itself has undergone significant upgrades, including new flooring, fresh paint, a modern hot water tank, and comfortable bench seating. With a seating capacity for approximately 100 patrons and a spacious cooking area, this opportunity is truly turnkey. Additionally, a comprehensive list of inclusions ensures that all necessary resources for running the restaurant are included.The current owners are committed to facilitating a smooth transition of ownership, offering training and support to the new proprietors. Don't let this fantastic opportunity slip by – seize the chance to own a thriving business in the heart of Downtown Red Deer.

General Features

Property Sub Type Commercial Business
Zoning C1
Terms SALE
Inclusions Inventory List Available

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in T4N 4B4

Price
AVG $500K
$500K
Visits
AVG 60
12
Data Provided by Inside Real Estate®
Year Built
AVG 1996
1996

Your Agent

Nate Miller QA

Senior Software Quality Assurance Engineer

559-490-1500

Listed By
Jane Wierzba with RE/MAX real estate central alberta - Ponoka