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Listed price in listed location currency (CAD).
$395,000

000

MLS® A2276619

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 0
Approx. Age 1950
MLS® Number A2276619

Property Address: 5204 Highway 579, Water Valley, AB, T0M2E0

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

Description

Water Valley General Store stands as one of Alberta’s most cherished rural landmarks and a lasting symbol of community connection. For more than seven decades, this iconic property has played a central role in daily life in Water Valley, serving not only as a place to purchase everyday essentials but also as a welcoming gathering space where neighbours meet, stories are shared, and traditions are passed from one generation to the next. Few properties offer this level of historical significance combined with genuine community importance. Located in the heart of Water Valley, the General Store enjoys excellent exposure and a central position within the village, making it a natural hub for both locals and visitors. The historic building offers outstanding potential for a variety of uses, including retail, café, food service, or mixed-use concepts, while maintaining the character and charm that residents deeply value. Ownership of this property represents more than a commercial investment—it is an opportunity to steward a beloved landmark and contribute meaningfully to the ongoing vitality of the community. The property is fully equipped for turn-key operation and has seen numerous functional upgrades to support modern business needs. Features include inspected underground gas tanks, upgraded and newer gas pumps, a brand-new air conditioning unit, newer fixtures throughout, and a reverse osmosis water filtration system, among other improvements. These updates provide peace of mind and allow an incoming owner or operator to focus on business operations rather than infrastructure. For buyers, this offering presents a rare combination of location, history, and long-term potential in a tightly knit and supportive community. For entrepreneurs, it offers the chance to operate a business that is already woven into the fabric of local life. In addition to a full purchase, the Seller is also open to leasing options. The main building—or alternatively the second main building—may be leased upon request, providing flexibility for those who wish to establish or expand operations without an immediate purchase. Whether acquired as an investment property, owner-operated business, or community-focused venture, the Water Valley General Store is a once-in-a-generation opportunity to own or operate a historic property with enduring relevance, strong visibility, and meaningful impact.
MLS® NumberA2276619
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1950
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Fixtures, Coolers, Freezers, Inventory, POS System.

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 2, 2026List Date
$395,000List Price
-End Date
Not Sold YetSold Price

For Sale

Jan 2, 2026List Date
$395,000List Price
  • Commute

Commute

Starting Address
Destination Address
5204 Highway 579, Water Valley, AB

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