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Listed price in listed location currency (CAD).
$7,190,000

000

MLS® A2277735

  • Key Facts
  • Description
  • Map

Key Facts

Type Hotel-Motel
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 2
Approx. Age 2005
MLS® Number A2277735

Property Address: 4217 50 Avenue, Red Deer, AB, T4N3Z4

Average square foot calculated using Size range provided by listing agent.

Description

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 .
MLS® NumberA2277735
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2005
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

See Chattels list

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 9, 2026List Date
$7,190,000List Price
  • Commute

Commute

Starting Address
Destination Address
4217 50 Avenue, Red Deer, AB

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