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5208 49 Ave, Redwater, AB, T0A 2W0

MLS® # A2302485
Commercial For Sale In Redwater, Alberta
$599,000

None Beds

5208 49 Ave, Redwater, AB
5208 49 Ave, Redwater, AB
5208 49 Ave, Redwater, AB
5208 49 Ave, Redwater, AB
5208 49 Ave, Redwater, AB
5208 49 Ave, Redwater, AB
5208 49 Ave, Redwater, AB
5208 49 Ave, Redwater, AB
5208 49 Ave, Redwater, AB
5208 49 Ave, Redwater, AB
5208 49 Ave, Redwater, AB
5208 49 Ave, Redwater, AB
5208 49 Ave, Redwater, AB
5208 49 Ave, Redwater, AB
5208 49 Ave, Redwater, AB
5208 49 Ave, Redwater, AB
  • Advertising
5208 49 Ave, Redwater, AB, T0A 2W0
$599,000

Property Information:

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 you're 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.

Inclusions: Mobile Home, Assets and equipments

Property Features:

  • Built in: 1976
  • Business Type: Restaurant
  • Floor Space (approx): 1263.91 Square Feet
  • Zoning: C-DWT

Courtesy of: Maxwell Polaris

Data provided by: Central Alberta REALTORS® Association 4922 45 St., Red Deer, Alberta T4N 1K6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 5208 49 Ave, Redwater, AB, T0A 2W0

Demographic Information of 5208 49 Ave, Redwater, AB, T0A 2W0

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$106,493.48

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.4 %

High school certificate or equivalent

36.55 %

Apprenticeship trade certificate/diploma

20.82 %

College/non-university certificate

14.96 %

University Degree

6.27 %

Commuter

Travel To Work

By Car

88.74 %

By Public Transit

0.0 %

By Walking

6.79 %

By Bicycle

0.9 %

By Other Methods

3.57 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

1.89 %

Houses

98.11 %

Own Vs. Rent