10
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$499,000
Est. payment /mo
Active
5208 49 Ave Redwater, AB T0A 2W0
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Redwater
MLS® Listing ID A2343896
Year Built 1976
Annual Tax Amount $4,139
Tax Year 2025
Property Sub-Type Mixed Use
Source Central Alberta
Property Description
Incredible opportunity to own a long-established, family-operated burger restaurant in the Redwater community for over 35 years. Located approximately 40 minutes northeast of Edmonton on a high-visibility main road, this well-known business includes the real estate and also includes a double-wide mobile home, ideal for an owner-operator, onsite staff accommodation, or potential additional rental income. The fully equipped commercial kitchen is ready for continued operation and includes all the necessary restaurant equipment and assets. The bright dining area retains its classic small-town diner charm, while the large paved parking lot and drive-through capability support both dine-in and takeout business. Recent major improvements include a newer commercial flat roof on the restaurant, a lifetime shingle roof on the mobile home, asphalt parking lot repairs, and a new cooling system installed in 2025. With an established local customer base, multiple potential revenue streams and opportunities for growth through expanded hours, updated marketing or menu enhancements, this turnkey business offers an attractive opportunity for an experienced operator or motivated first-time buyer seeking an established community business with long-term potential.
Location
Province AB
County Sturgeon County
Zoning C-DWT
Interior
Inclusions Mobile Home, Assets and equipment
Others
Restrictions None Known
Tax ID 57377966
Ownership Private
Listed by Maxwell Polaris
NEARBY SCHOOL & BUSINESS
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