Scott M. Russell

Associate with MaxWell Canyon Creek

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Office (403) 278-8899

Email: scott@scottmrussell.ca

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4217 50 Avenue
Downtown Red Deer Red Deer T4N 3Z4

$7,190,000
Commercial

Main Photo: 4217 50 Avenue in Red Deer: Downtown Red Deer Hotel/Motel for sale : MLS®# A2277735
Photo 1: 4217 50 Avenue in Red Deer: Downtown Red Deer Hotel/Motel for sale : MLS®# A2277735
Photo 2: 4217 50 Avenue in Red Deer: Downtown Red Deer Hotel/Motel for sale : MLS®# A2277735
Photo 3: 4217 50 Avenue in Red Deer: Downtown Red Deer Hotel/Motel for sale : MLS®# A2277735
Photo 4: 4217 50 Avenue in Red Deer: Downtown Red Deer Hotel/Motel for sale : MLS®# A2277735
Photo 5: 4217 50 Avenue in Red Deer: Downtown Red Deer Hotel/Motel for sale : MLS®# A2277735
Photo 6: 4217 50 Avenue in Red Deer: Downtown Red Deer Hotel/Motel for sale : MLS®# A2277735
Photo 7: 4217 50 Avenue in Red Deer: Downtown Red Deer Hotel/Motel for sale : MLS®# A2277735
Photo 8: 4217 50 Avenue in Red Deer: Downtown Red Deer Hotel/Motel for sale : MLS®# A2277735
Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2277735
Build. Type:
Free-Standing
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 .
Property Type:
Commercial
Property Sub Type:
Hotel/Motel
Transaction Type:
For Sale
Possession:
Possession Date:
Building Type:
Free-Standing
Business Type:
Hotel/Motel
Business Name:
Park Hill Inn & Suite Red Deer
Total Building Area:
37,000 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
1.78 acre(s)
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Year built:
2005 (Age: 21)
Bathrooms:
- (Full:-, Half:-)
Plan:
1023366
Building Name:
Park Hill Inn & Suite Red Deer
Structure Type:
Hotel/Motel
Ensuite:
No
Garage:
No
Downtown Red Deer (Red Deer)
See Chattels list
Utility Right Of Way
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Red Deer
Zoning:
C1
Listed Date:
Jan 09, 2026
Days on Mkt:
  • Photo 1: 4217 50 Avenue in Red Deer: Downtown Red Deer Hotel/Motel for sale : MLS®# A2277735
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  • Photo 2: 4217 50 Avenue in Red Deer: Downtown Red Deer Hotel/Motel for sale : MLS®# A2277735
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  • Photo 3: 4217 50 Avenue in Red Deer: Downtown Red Deer Hotel/Motel for sale : MLS®# A2277735
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  • Photo 4: 4217 50 Avenue in Red Deer: Downtown Red Deer Hotel/Motel for sale : MLS®# A2277735
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  • Photo 5: 4217 50 Avenue in Red Deer: Downtown Red Deer Hotel/Motel for sale : MLS®# A2277735
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  • Photo 6: 4217 50 Avenue in Red Deer: Downtown Red Deer Hotel/Motel for sale : MLS®# A2277735
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  • Photo 7: 4217 50 Avenue in Red Deer: Downtown Red Deer Hotel/Motel for sale : MLS®# A2277735
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  • Photo 8: 4217 50 Avenue in Red Deer: Downtown Red Deer Hotel/Motel for sale : MLS®# A2277735
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Listed by MaxWell Canyon Creek
Data was last updated February 1, 2026 at 10:05 AM (UTC)
SCOTT RUSSELL
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.