4914 52 Street, Red Deer, Alberta


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About 4914 52 Street

Don't miss out on this exceptional turn-key opportunity featuring two thriving businesses and a commercial building nestled in Downtown Red Deer. Situated in the bustling professional business hub, surrounded by government offices, law firms, and a state-of-the-art judicial building. This location boasts high foot traffic, making it ideal for a restaurant venture. Established in 1978, this family-owned restaurant, Saros Pizza Steak and Spaghetti House, has been a staple in the community for 45 years. Alongside Saros, Pegasus 2 for 1 Pizza operates as a takeout business, catering to customers through popular platforms like Uber Eats and Skip the Dishes. Both establishments have garnered numerous accolades over the years, including awards for "Best Greek Dining" and multiple recognitions in the Red Deer Readers Choice for "Best Lunch Spot." The building itself has undergone significant upgrades, including new flooring, fresh paint, a modern hot water tank, and comfortable bench seating. With a seating capacity for approximately 100 patrons and a spacious cooking area, this opportunity is truly turnkey. Additionally, a comprehensive list of inclusions ensures that all necessary resources for running the restaurant are included. The current owners are committed to facilitating a smooth transition of ownership, offering training and support to the new proprietors. Don't let this fantastic opportunity slip by – seize the chance to own a thriving business in the heart of Downtown Red Deer.

Features of 4914 52 Street

MLS® # A2119067
Price $549,500
Bathrooms 0.00
Acres 0.00
Year Built 1996
Type Commercial
Sub-Type Business
Status Active

Community Information

Address 4914 52 Street
Subdivision Downtown Red Deer
City Red Deer
County Red Deer
Province Alberta
Postal Code T4N 4B4


Is Waterfront No
Has Pool No


Heating Natural Gas
Cooling Central Air
Fireplace No
Has Basement No


Roof Tar/Gravel

Additional Information

Date Listed April 3rd, 2024
Days on Market 45
Zoning C1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX real estate central alberta - Ponoka

Listing Map

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