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3301 50 Avenue
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Red Deer · Business · under $275,000. Alerts only send when there are new or meaningfully updated matching homes.
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Turn-key, profitable fast-casual food business available now, This non-franchise opportunity allows you full control to run the business your way and take it to the next level. The kitchen is fully upgraded with a brand-new Panini grill (2025), new fryer (2025), upgraded plumbing fixtures, and a well-maintained grease trap, offering true peace of mind with minimal maintenance concerns. The business is running smoothly and profitably, supported by well-trained staff and strong customer ratings, specializing in popular donairs and fast food. There is significant growth potential through catering, with existing catering clients already in place and room to expand further, along with strong performance on SkipTheDishes and Uber Eats. Located in a highly visible, high-traffic location on one of Red Deer’s busiest streets, near Red Deer Casino and Resort, this spot offers excellent exposure and steady foot traffic. Enjoy the flexibility to make menu changes as you see fit, without franchise restrictions. Whether you are entering into business for the first time or looking to add another profitable location to your portfolio, this represents an excellent opportunity. Monthly total rent is $3,554( includes Base and Additional) plus utilities and GST. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Mar 29, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.