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Main Photo: 4930 50 Street in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2348392
Photo 1: 4930 50 Street in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2348392
Photo 2: 4930 50 Street in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2348392
Photo 3: 4930 50 Street in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2348392
Photo 4: 4930 50 Street in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2348392
Photo 5: 4930 50 Street in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2348392
Photo 6: 4930 50 Street in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2348392
Photo 7: 4930 50 Street in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2348392
Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2348392
Build. Type:
Commercial Mix
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.
Property Type:
Commercial
Property Sub Type:
Mixed Use
Transaction Type:
For Sale
Lease Measure:
Square Feet
Possession:
Possession Date:
Building Type:
Commercial Mix, Mixed Use, See Remarks
Business Type:
Restaurant
Total Building Area:
3,563 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,125 sq. ft.
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Year built:
1929 (Age: 97)
Bathrooms:
- (Full:-, Half:-)
Plan:
H
Heating:
Baseboard, Electric, Make-up Air
Foundation:
Poured Concrete
Building Name:
Farthing Block
Construction Material:
Concrete, Wood Frame
Structure Type:
Mixed Use
Roof:
Flat Torch Membrane
Ensuite:
No
Cooling:
Central Air
Garage:
No
Parking Places:
2
Parking Total/Covered:
2 / -
Downtown Red Deer (Red Deer)
See Remarks
see schedule
None Known
Title to Land:
Fee Simple
Access To Property:
Back Alley Access
Num. of Parcels:
0
Region:
Red Deer
Zoning:
C-1
Listed Date:
Sep 26, 2026
Days on Mkt:
  • Photo 1: 4930 50 Street in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2348392
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  • Photo 2: 4930 50 Street in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2348392
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  • Photo 3: 4930 50 Street in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2348392
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  • Photo 4: 4930 50 Street in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2348392
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  • Photo 5: 4930 50 Street in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2348392
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  • Photo 6: 4930 50 Street in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2348392
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  • Photo 7: 4930 50 Street in Red Deer: Downtown Red Deer Mixed Use for sale : MLS®# A2348392
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Listed by KIC Realty
Data was last updated September 26, 2026 at 08:05 PM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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