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5114 48 Street
Downtown Red Deer Red Deer T4N 1T2

$15
Commercial

Main Photo: 5114 48 Street in Red Deer: Downtown Red Deer Mixed Use for lease : MLS®# A2279511
Photo 1: 5114 48 Street in Red Deer: Downtown Red Deer Mixed Use for lease : MLS®# A2279511
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Status:
For Lease
Prop. Type:
Commercial
MLS® Num:
A2279511
Now offering For lease. 5450 sqft mixed use building located in the heart of Downtown Red Deer, Alberta. Currently set up as a boutique / cafe / bar or a night club venue. The building has had extensive renovations to the electrical, plumbing and HVAC systems over the past few years. The main level features a kitchen, bar, sound stage, 2 tiered seating and large customer washrooms. The upper level is set up as an employee lounging area. Metered street parking and a metered parking lot across the road. Basic rent is set at $15.00 per sqft plus additional rent. Property is also "For Sale" under MLS A2279494
Property Type:
Commercial
Property Sub Type:
Mixed Use
Transaction Type:
For Lease
Lease Rate:
$15.00
Lease Payment Frequency:
Annually
Lease Measure:
Square Feet
Possession:
Possession Date:
Total Building Area:
5,450 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:
1958 (Age: 68)
Bathrooms:
- (Full:-, Half:-)
Structure Type:
Mixed Use
Ensuite:
No
Garage:
No
Downtown Red Deer (Red Deer)
N/A
None Known
Num. of Parcels:
0
Region:
Red Deer
Listed Date:
Jan 15, 2026
Days on Mkt:
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Listed by Royal LePage Network Realty Corp.
Data was last updated January 16, 2026 at 02:05 AM (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™.
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.