This business in Red Deer offers 2,512 sqft of building area. Built in 1996.
Discover a rare chance to own a fully improved commercial property complete with land, located in a strong retail corridor and backed by an established restaurant tenant. This offering includes a 2,512 sq ft building situated on a 4,781 sq ft lot, providing excellent flexibility for future use and long-term value.Currently leased to a successful operator running multiple quick-service restaurant concepts under one umbrella, this property offers stable income with the option to continue tenancy for turnkey cash flow. For an owner-operator, this is a prime opportunity to stop paying rent elsewhere and build equity while running your own restaurant in a proven location.Key Highlights:Building Size: 2,512 sq ftLot Size: 4,781 sq ftZoning: C-1 – allows a broad range of retail and commercial usesIncome Potential: Continue with the existing lease or reposition for your own businessIdeal for Owner-Operators: Take advantage of the built-out restaurant space and eliminate monthly lease costsAmple Parking: Generous on-site parking located behind the buildingStrong Tenant: Current operator runs multiple QSR brands, drawing consistent trafficWhether you're looking for a hands-off investment or a strategic location for your own business, this property checks all the boxes. A versatile zoning designation, stable tenant, and excellent site layout make it well-suited for investors, food service operators, and retail business owners alike. (id:60351)
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Listed by Calvin Kawa, Century 21 Bravo Realty
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Listing represented by Calvin Kawa, Century 21 Bravo Realty · MLS# A2271634
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Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.