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New property listed in Red Deer

I have listed a new property at Red Deer. See details here

Established national franchise restaurant located in Bower Place, one of Central Alberta’s major regional shopping centres in Red Deer. The mall offers over 500,000 sq. ft. of retail space, more than 100 retailers, and strong year-round customer traffic. The business benefits from strong brand recognition and an established customer base. Gross profit margin has improved from approximately 66.6% in 2023 to 72.0% in 2025, reflecting improved operating performance. A major advantage for a new owner is that the franchisor-required renovation has already been completed, avoiding the immediate renovation cost and disruption that can come with acquiring an established franchise location. The business is currently owner-operated with the support of three full-time employees. The existing lease runs until July 2029. The asking price has recently been reduced, providing an attractive opportunity for an owner-operator, family business, or hands-on investor looking to acquire an established franchise location in a busy regional shopping centre. Training will be provided, subject to franchisor approval. Retirement sale. All inquiries and showings are by appointment only. Please do not approach or question staff directly.

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I have sold a property at 5 Fir Street in Red Deer

I have sold a property at 5 Fir Street in Red Deer on Aug 27, 2026. See details here

Urgent sale. Priced to sell at $550,000. Immediate possession available. Well-located commercial property in Red Deer on a high-exposure corner lot, surrounded by established residential communities. Recently renovated with approximately $200,000 invested, offering a clean and functional space with strong upside potential. The main floor can be divided into two separate units (previously configured as such), allowing for dual tenancy and diversified rental income. The basement provides additional space for storage or supplementary use. Income potential with flexible layout (buyer to verify): • $18 – $22 per sq.ft. (approx. $43,000 – $53,000/year) • Additional income potential from basement use • Potential cap rate in the 7% – 9% range The sale includes real estate and equipment. Inventory is extra. Business is optional. Property assessment value (2025): $522,200. Strong value – priced near assessed value. Zoned C3 – Neighbourhood Convenience Commercial, allowing for a wide range of permitted uses including retail, convenience store, grocery, restaurant, café, personal services, and professional or office uses (subject to municipal approval). Offering excellent potential for future redevelopment, site intensification, or repositioning. Ideal for investors, developers, or owner-users seeking long-term upside. Sold “as-is, where-is.” Firm sale only – no conditions. Price is fixed. Property Details: • Building: 2,400 sqft • Land: 16,553 sq.ft. (0.38 acre) • Zoning: C3 – Neighbourhood Convenience Commercial

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New property listed in Red Deer

I have listed a new property at Red Deer. See details here

Established national franchise business located in a major regional shopping centre in Central Alberta. Situated in a high-traffic enclosed mall featuring over 500,000 sq. ft. of retail space, 100+ retailers, and approximately 4.6 million annual visitors. Strong brand recognition and loyal customer base. Gross profit margin improved significantly from 66.6% in 2023 to 72.0% in 2025. Owner-operated business supported by 3 full-time staff with efficient operations. Lease secured until July 2029. Excellent opportunity for an owner-operator, family business, or hands-on investor. Training available subject to franchisor approval. Retirement sale. All inquiries by appointment only. Do not approach staff.

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