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Red Deer Red Deer

$249,000
Commercial

Main Photo: : Red Deer Retail for lease : MLS®# A2212946
Photo 1: : Red Deer Retail for lease : MLS®# A2212946
Photo 2: : Red Deer Retail for lease : MLS®# A2212946
Status:
For Lease
Prop. Type:
Commercial
MLS® Num:
A2212946
Yes, you are reading it right; and even though it sounds too good to be true, it is true. This restaurant is a crazy money making machine with the net $24,000, as per the owner's statement. . Which implies that you can pay off he entire business in a mere 10 montths. This restaurant is beloved by the local community. The sales and the clientele are enormous. The establishment is very vast. You can further improve the menue and rent out th e outer room as an office to augment your earnings. The EBITDA calculation would set its price of upward of $700k. However , we are listing at only $249k.
Property Type:
Commercial
Property Sub Type:
Retail
Transaction Type:
For Lease
Lease Rate:
$4,200.00
Lease Payment Frequency:
Monthly
Lease Measure:
Fixed
Possession:
Possession Date:
Business Type:
Food & Beverage, Restaurant, Retail
Total Building Area:
2,740 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
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:
1987 (Age: 38)
Bathrooms:
- (Full:-, Half:-)
Structure Type:
Low Rise (2-4 stories)
Ensuite:
No
Garage:
0
Ask for the detail
None Known
Num. of Parcels:
0
Region:
Red Deer
Listed Date:
Apr 17, 2025
Days on Mkt:
  • Photo 1: : Red Deer Retail for lease : MLS®# A2212946
    Photo 1 of 2
  • Photo 2: : Red Deer Retail for lease : MLS®# A2212946
    Photo 2 of 2
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Listed by DreamHouse Realty Ltd.
Data was last updated April 26, 2025 at 04:05 PM (UTC)
JASON CHOI
JASON CHOI
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™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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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™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.