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$7,190,000
10 Days On Site

4217 50 Avenue
Red Deer, AB T4N 3Z4

For Sale|Hotel/Motel|Active
0
Beds
0
Total Baths
37,000
SqFt
$194
/SqFt
2005
Built
Subdivision:
Downtown Red Deer
County:
Red Deer
4217 50 Avenue4217 50 Avenue4217 50 Avenue4217 50 Avenue
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Monthly Payment (Est.)

$32,804
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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 .

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Listing Snapshot
Price 
$7,190,000
Days On Site 
10 Days
Bedrooms 
N/A
Inside Area (SqFt) 
37,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.78 Acres
Year Built 
2005
MLS® Number 
A2277735
Status 
Active
Property Tax 
$74,985
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
1.78
Property Sub Type 
Hotel/Motel
SqFt Total 
37000
Zoning 
C1
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Listing courtesy of Francis Lee of MaxWell Canyon Creek

Listing information is provided by Participants of the Alberta One Realty Listing Services (Pillar 9). IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Alberta One Realty Listing Services (Pillar 9)
Last checked 2026-01-20 02:31 AM UTC

Neighborhood & Commute
Source: Walkscore
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