18 Centre Street
Derwent, Alberta
MLS® 44997506
$119,900
- Status
- Active
- Property type
- Retail
- MLS® number
- 44997506
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1950
1 / 19Listing description
MOTIVATED SELLER! OPEN TO OFFERS! VENDOR FINANCING AVAILABLE WITH DEPOSIT.
Heres your opportunity to own a fully-equipped restaurant with land and building in the friendly rural community of Derwent, Alberta, Canada at a very affordable price. The zoning provides for both commercial and residential use. Derwent is situated along Hwy 45 in East Central Alberta and centrally located between Two Hills, Elk Point and Vermilion.
The 1834 sq. ft. building with full cement basement for ample storage sits on a 3300 sq.
ft lot (30 x 110) and includes a 26 seat restaurant, fully equipped kitchen, 2 bathrooms, office/board room and retail space. Easy to convert to Residential use. The restaurant was operating until 2020 (Covid) and had loyal clientele.
Upgrades include plumbing, electrical, drywall, insulation, heating, metal roof and much more. Older garage at back of property. Get out of the hustle and bustle and make your dream a reality.
The beautiful scenic area around Derwent is great for outdoor recreation with lakes and rolling hills. This property provides many business and residential opportunities and many options to purchase!
Property summary
- MLS® number
- 44997506
- Property type
- Retail
- Size
- 1,834 sq ft
- Land size
- 3310.56 square feet
- Built in
- 1950
- Days on market
- 132 days
What would this home cost you?
Based on the $119,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Lakeland Realty, Elk Point.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.