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Listed price in listed location currency (CAD).
$427,500

000

MLS® A2313938

Overview

Key Facts

Type Business
Levels Commercial Sale
Size 2280 sqft
Garage 
Taxes $4,660
Days Active 38
Lot Size 
Approx. Age 2016
Avg. Price Per Sqft $187
MLS® Number A2313938

Property Address: 406 1 St S, Grassy Lake, AB, T0K0Z0

Average square foot calculated using Size range provided by listing agent.

Description

Here is an excellent opportunity to own a well-established, turnkey bakery and restaurant in the welcoming community of Grassy Lake. Situated on a spacious half-acre lot with highway frontage, this modern building is just 10 years old and showcases true pride of ownership throughout. The property is exceptionally clean, well maintained, and thoughtfully laid out for efficiency. The inviting dining room comfortably seats 20 guests, while the functional kitchen design includes a dedicated prep room that allows for smooth workflow and high production capacity. A significant portion of the business revenue is generated through wholesale production and deliveries to local retailers, ensuring consistent cash flow that is not impacted by the Highway 3 bypass. This provides a stable foundation for continued success, with ample opportunity for future growth and expansion. Whether you are looking to step into a proven business or expand your entrepreneurial portfolio, this turnkey operation offers outstanding potential in a thriving market. Seller is offering to do a partial Seller Financing deal as well. If you've been wanting to be your own boss, this place is definitely worth considering.
MLS® NumberA2313938
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2016
Basement
Driveway
Garage Spaces
HeatCentral, Natural Gas
A/C

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $427,500

For Sale · 38 days

$427,500

MLS® A2313938

A month ago

Not Sold Yet

May 2026, For Sale for $427,500

For Sale · 38 days

$427,500

MLS® A2313938

A month ago

Not Sold Yet

April 2026, Expired for $450,000

Expired · 97 days

$450,000

MLS® A2281046

2 months ago

Canceled on Apr 30, 2026

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