50 N Main Street
Hill Spring, Alberta
MLS® A2294607
$425,000
- Status
- Active
- Property type
- Business
- MLS® number
- A2294607
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 2023
1 / 10Listing description
Located in the welcoming hamlet of Hillspring, just a short drive from Waterton Park and surrounded by popular camping destinations, this versatile commercial property offers exceptional opportunity in a community ready for growth. Currently operating as the Ranch House Restaurant and convenience store, this building has been successfully run year-round for the past 3 years. The Business has a license to serve alcohol.
While the business itself is not advertised in the sale, it can be sold with the building. The building replacement cost is more then the asking price, and the property is advertised based on that building value and its potential. The Seller is not putting the value of the business in the asking price.
He is trying to sell the building. The property can be purchased fully equipped for continued restaurant use, or the equipment can be removed to suit your vision. With no existing gas station or competing food services in the area, Hillspring presents a unique gap in the market.
The seller is also open to offering the adjacent lot at an attractive price—ideal for a future gas station, with interest already expressed by potential partners. Whether you’re looking to establish a restaurant, retail space, or develop residential units or vacation rentals, this property offers flexibility and strong potential. Priced below replacement cost, it’s a rare chance to invest in a growing rural community with untapped demand.
Great opportunities await in Hillspring.
Property summary
- MLS® number
- A2294607
- Property type
- Business
- Square footage
- 4,096 sq ft
- Built in
- 2023
- Annual property taxes
- $12,000.00
- Days on market
- 159 days
What would this home cost you?
Based on the $425,000 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 SUTTON GROUP - 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.