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Renanza Realty
For sale

5301 50 Avenue

Castor, Alberta

MLS® A2289654

$499,500

Status
Active
Property type
Business
MLS® number
A2289654
Bedrooms
Bathrooms
Year built
1980

Listing description

This 1980 Commercial building has been part of Castor businesses for years, with the CJ lounge-which is able to hold 75 patrons, the now coffee shop where all the important ideas are exchanged and debated over by the locals and visitors. It was and can be a restaurant again, with large walk in freezers, grill ,fryer, hood and warming islands , coolers and stand alone coolers. The business has added The Castor Liquor Store to its location and serves a wide variety of spirits.

The former restaurant has the full line of equipment still available and is looking for the next owner to resurrect the once busy Tasty Mill Restaurant, hosting 71 seats. The property also houses a three bedroom and one bathroom suite attached to the building, either for the owners or a rental suite. A great opportunity for the next line of investors or a family run business that would serve the East Central Alberta area.

Property summary

MLS® number
A2289654
Property type
Business
Building type
Commercial Mix
Square footage
6,000 sq ft
Title
Freehold
Land size
17250 square feet
Built in
1980
Annual property taxes
$8,234.23
Days on market
170 days

Features & details

Heating
Natural gas
Exterior features
Concrete, Brick, Metal

What would this home cost you?

Based on the $499,500 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,324 /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 Sutton Landmark Realty, Castor.

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.