4950 47 Avenue, Red Deer

  • $14.00/Per SF
4950, 47 Avenue, City of Red Deer, Division No. 8, Alberta, T4N 3T2, Canada
For Lease

4950 47 Avenue, Red Deer

4950, 47 Avenue, City of Red Deer, Division No. 8, Alberta, T4N 3T2, Canada
  • $14.00/Per SF


FOR LEASE – Located in downtown Red Deer, this 22,888 SF building formerly housed a restaurant and casino. The building features a large, open area with multiple offices, storage rooms, and washrooms along the perimeter of the space. The restaurant includes a dining room, bar, and full kitchen, as well as a stage. The building also features a lounge area with its own washrooms and another kitchen. Additional office space is available on the second floor. The property has 10 parking stalls available on site, with two off-site parking lots included in the lease. Street parking is also available nearby. Additional Rent is $2.89 per square foot for the 2023 budget year. The property and parking lots are also available for sale for $4,500,000.00.

Property Documents

Jackpot Casino (For Lease & for Sale)


  • Price: $14.00/Per SF
  • Property Size: 22888 Sq Ft
  • Year Built: 1972
  • Property Type: Multi-Family
  • Property Status: For Lease
  • Operating Costs: 2.89
  • Neighborhood/Region: Downtown Red Deer
  • Parking: Attached Parking Lot
  • Zoning: C1
  • MLS ID: A2088836
  • Address 4950 47 Avenue
  • City Red Deer
  • State/county Alberta
  • Zip/Postal Code T4N 6P8
  • Area Downtown
  • Country Canada

360° Virtual Tour


  • Multi-Family
  • Property Type
  • 7
  • Bathrooms
  • 22888
  • Sq Ft
  • 1972
  • Year Built

Contact Information

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