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Listed price in listed location currency (CAD).
$499,000

000

MLS® A2343896

Overview

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 34
Lot Size 
Approx. Age 1976
MLS® Number A2343896

Property Address: 5208 49 Ave, Redwater, AB, T0A2W0

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

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.
MLS® NumberA2343896
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1976
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Mobile Home, Assets and equipment

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

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Today, For Sale for $499,000

For Sale · 34 days

$499,000

MLS® A2343896

A month ago

Not Sold Yet

April 2027, Withdrawn for $599,000

Withdrawn · 365 days

$599,000

MLS® A2302485

In 6 months

Canceled on Apr 15, 2027

September 2026, For Sale for $499,000

For Sale · 34 days

$499,000

MLS® A2343896

A month ago

Not Sold Yet

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