Spruce Grove, AB
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$ 1,100,000
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Price Dropped by $700K

Spruce Grove, AB


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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Rent

MLS® Listing ID A2276466

Year Built 1965

Annual Tax Amount $3,613

Tax Year 2025

Property Sub-Type Retail

Source Calgary

Property Description

Offered for sale at $1.1M, this is a rare opportunity to acquire a well-established, profitable restaurant business, generating annual gross revenues exceeding $1.3M. Successfully operated by current owner for nearly 20 years, the business is a widely recognized, community-loved restaurant known for its nostalgic appeal, loyal repeat customer base, and consistent performance. The operation is fully built-out and turn-key, making it ideal for an owner-operator or investor seeking a proven concept with strong cash flow and long-standing brand recognition. With a solid operating history, and multiple opportunities for future growth, this offering represents a compelling blend of stability, income, and upside potential. Seller is open for Rent To Own option, or selling 75% share.

Location

Province AB

County Spruce Grove

Zoning C1

Interior

Inclusions EQUIPMENT LIST

Others

Restrictions None Known

Tax ID 105673758

Ownership Private


Listed by Century 21 Bravo Realty
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