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Retail For Sale

$599,000

5208 49 Ave

MLS® Number: 44726508

Land Size

25,623.227

About This Property

Incredible chance to own a beloved, family-operated burger restaurant that has been proudly serving the Redwater community and surrounding area for over 35 years. Located just 40 minutes northeast of Edmonton on a high-visibility main road, this well-established business includes the real estate and features strong curb appeal with its awnings and prominent signage. The property also includes a double wide mobile home perfect for owner operator or onsite employees or offers excellent potential for additional rental income. The fully equipped commercial kitchen is ready to operate, complete with ovens, fryers, grills, refrigeration, sinks, hood systems, and all necessary assets. Recent major upgrades include a newer commercial flat roof on the restaurant, and a lifetime shingle roof on the mobile home, along with completed a asphalt parking lot repair, and installed a new cooling system in 2025. The bright, nostalgic dining area maintains its classic small-town diner charm, while the large paved parking lot and drive-through option support both dine-in and takeout traffic. This is a proven business with a loyal local customer base, multiple revenue streams (restaurant + potential rental), and room for growth through updated marketing, extended hours, or menu enhancements. Whether youre an experienced operator or a motivated first-time buyer looking for a stable community staple, this turnkey opportunity provides immediate cash flow and long-term potential in a growing small town market.

Property Details

Land & Location

Lot Size Area

25623.2268 sqft

Lot Size Dimensions

25623.22681205936

Postal Code

T0A2W1

Listing & Financials

Listing Office

MaxWell Polaris

Originating System Name

REALTORS® Association of Edmonton – Commercial

Other Specifications

Country

Canada

Mortgage Calculator

20% ($119,800)
5.5%
25 Years

Estimated Monthly Payment

$2,943

Principal and interest only. Actual rates may vary.

Location & Map

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List Property5208 49 Ave - Retail for Sale in Redwater, Alberta | MLS® 44726508