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MLS® Real Estate Listings - Homes, Condos, Acreage properties, Commercial - 403-998-2735

4217 50 Avenue, Red Deer

Motel/Hotel Property for Sale

4217 50 Avenue, Red Deer, MLS® # A2277735
  • MLS®#: A2277735
  • Price: $7,190,000
  • Status: Active
  • Year Built: 2005
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Login or Create an Account to Access Days On Website Financial Information Legal Description Lot Zoning

Red Deer Park Hill Inn & Suites is an 86-room, four-storey limited-service hotel on 1.78 acres along Gaetz Avenue. The building was originally completed in2005 as a Ramada but converted in 2011 into a Super 8 till 2024. Recently new owner upgraded throughout, the property offers strong brand-conversion potential (Sure stay Best Western brand, Ramada, Quality Inn and Super 8) and generated $1.73M in 2025 revenue. Its central location provides steady demand from highway traffic, industrial activity, and regional tourism. Future performance is expected to strengthen significantly with the Red Deer Regional Hospital Redevelopment and the expanding Red Deer Airport, both driving long-term increases in workers, medical travelers, and visitor traffic—positioning the hotel for higher occupancy and ADR growth. Renovation: carpet, painting ,new 55” TV, new door lock, new mattress, micro waive and washer & dryer etc .

Contact Elke Babiuk About MLS® A2277735

Required Field

Elke Babiuk, 403-998-2735 at CIR Realty, #130, 703 64th Avenue SE, Calgary, Alberta, T2H 2C3

property information

  • Property Type: Motel/Hotel Property
  • MLS®#: A2277735
  • Year Built: 2005
  • Lot Size: 1.78 sq.ft.
  • Restrictions: Utility Right Of Way
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Community Information

  • Address: 4217 50 Avenue
  • Neighbourhood: Downtown Red Deer
  • City: Red Deer
  • Postal Code: T4N 3Z4
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interior

  • Included: See Chattels list
  • Fireplace Details: For Sale
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$7,190,000

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Listing Courtesy of
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Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

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