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Renanza Realty
For sale

Redwater, Alberta

Redwater, Alberta

MLS® 45608779

$499,000

Status
Active
Property type
Retail
MLS® number
45608779
Bedrooms
—
Bathrooms
—
Year built
—

Listing 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.

Property summary

MLS® number
45608779
Property type
Retail
Land size
25623.2268 square feet
Days on market
29 days

What would this home cost you?

Based on the $499,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,322 /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 MaxWell Polaris, Edmonton.

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.