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  • 4217 50 Avenue, Red Deer, Alberta, T4N 3Z4 (107701504)
  • 4217 50 Avenue, Red Deer, Alberta, T4N 3Z4 (107701504)
  • 4217 50 Avenue, Red Deer, Alberta, T4N 3Z4 (107701504)
  • 4217 50 Avenue, Red Deer, Alberta, T4N 3Z4 (107701504)
  • 4217 50 Avenue, Red Deer, Alberta, T4N 3Z4 (107701504)
  • 4217 50 Avenue, Red Deer, Alberta, T4N 3Z4 (107701504)
  • 4217 50 Avenue, Red Deer, Alberta, T4N 3Z4 (107701504)
  • 4217 50 Avenue, Red Deer, Alberta, T4N 3Z4 (107701504)
  • 4217 50 Avenue, Red Deer, Alberta, T4N 3Z4 (107701504)
  • Price 7,190,000
  • Hotel/Motel For Sale
  • MLS A2277735
  • 37,000
4217 50 Avenue
Red Deer, Alberta T4N 3Z4
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 .

Details
  • TransactionFor Sale
  • NeighbourhoodDowntown Red Deer
  • Commercial TypeHotel/Motel
  • Building NamePark Hill Inn & Suite Red Deer
  • Business TypeHotel/Motel
  • Building Size37,000 sqft
  • InclusionsSee Chattels list
  • ZoningC1
  • Year Built2005
Listing Agent
All information displayed is believed to be accurate but is not guaranteed by Central Alberta REALTORS® Association and should be independently verified. No warranties or representations of any kind are made.