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Renanza Realty
For sale

320 Railway Avenue

Granum, Alberta

MLS® A2290999

$549,900

Status
Active
Property type
Business
MLS® number
A2290999
Bedrooms
Bathrooms
Year built
1904

Listing description

Step into a truly magical space—one that’s ready for a chef, restaurateur, or entrepreneur looking to create something memorable. This beautifully restored and completely updated building blends historic charm with warmth and personality. Inside, guests are welcomed by exposed brick walls, timber beams, hardwood floors, tin ceilings, and comfortable leather bench seating.

Thoughtfully designed dining nooks invite conversation, while an elevated level offers a distinctive space ideal for private gatherings, events, or chef’s table experiences. The opportunity here is truly turnkey. From kitchen equipment to dishes and service essentials, nearly everything needed to open and operate your own restaurant is already in place and included with the property.

(Artwork and clocks are part of the owner’s private collection, though most other items are negotiable.) Adding flexibility and value, the property includes two additional developed living spaces. A private suite within the building features its own entrance along with a full bath, kitchen, washer, and dryer—perfect for an owner-operator or on-site manager.

In addition, an attached 600+ square foot fully renovated and furnished two-bedroom suite offers excellent revenue potential. Currently rented and generating income, it includes appliances, furnishings, and in-suite laundry. The building itself has undergone extensive upgrades.

The original structure has been fully redone with new windows and doors, a roof insulated to R-40 standards with updated covering, and a newer furnace and hot water tank. The spacious lower level provides ample storage and utility space. Located in the hamlet of Granum along the Highway 2 corridor between Calgary and Lethbridge, this property is ideally positioned to serve both rural communities and travellers moving through Alberta’s cattle and farm country.

For the right owner, it offers the rare chance to create a destination dining experience—one that draws guests from both nearby co mmunities and the larger urban centres just up and down the highway. A unique property. A turnkey opportunity.

And a place where vision, hospitality, and great food could turn this charming space into a true destination.

Property summary

MLS® number
A2290999
Property type
Business
Building type
Retail
Square footage
2,415 sq ft
Title
Freehold
Built in
1904
Annual property taxes
$1,908.71
Days on market
174 days

Features & details

Heating
Forced air, Natural gas

What would this home cost you?

Based on the $549,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,559 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX REAL ESTATE - LETHBRIDGE, Lethbridge.

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.