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$ 425,000
Est. payment | /mo
4,096 SqFt
$ 425,000
Est. payment | /mo
4,096 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,096 sqft
Price per Sqft $103
MLS Listing ID A2294607
Year Built 2023
Property Sub-Type Business
Property Description
Located in the welcoming hamlet of Hillspring,just a short drive from Waterton Park and surrounded by popular camping destinations,this versatile commercial property offers exceptional opportunity in a community ready for growth.
Currently operating as the Ranch House Restaurant and convenience store,this building has been successfully run year-round for the past 3 years. The Business has a license to serve alcohol. While the business itself is not advertised in the sale,it can be sold with the building. The building replacement cost is more then the asking price,and the property is advertised based on that building value and its potential. The Seller is not putting the value of the business in the asking price. He is trying to sell the building. The property can be purchased fully equipped for continued restaurant use,or the equipment can be removed to suit your vision.
With no existing gas station or competing food services in the area,Hillspring presents a unique gap in the market. The seller is also open to offering the adjacent lot at an attractive price—ideal for a future gas station,with interest already expressed by potential partners.
Whether you're looking to establish a restaurant,retail space,or develop residential units or vacation rentals,this property offers flexibility and strong potential. Priced below replacement cost,it's a rare chance to invest in a growing rural community with untapped demand.
Great opportunities await in Hillspring.
Currently operating as the Ranch House Restaurant and convenience store,this building has been successfully run year-round for the past 3 years. The Business has a license to serve alcohol. While the business itself is not advertised in the sale,it can be sold with the building. The building replacement cost is more then the asking price,and the property is advertised based on that building value and its potential. The Seller is not putting the value of the business in the asking price. He is trying to sell the building. The property can be purchased fully equipped for continued restaurant use,or the equipment can be removed to suit your vision.
With no existing gas station or competing food services in the area,Hillspring presents a unique gap in the market. The seller is also open to offering the adjacent lot at an attractive price—ideal for a future gas station,with interest already expressed by potential partners.
Whether you're looking to establish a restaurant,retail space,or develop residential units or vacation rentals,this property offers flexibility and strong potential. Priced below replacement cost,it's a rare chance to invest in a growing rural community with untapped demand.
Great opportunities await in Hillspring.
Location
Province AB
Zoning Commercial
Interior
Fireplace No
Exterior
Roof Type Metal
Garage No
Building
Dwelling Type Retail
Others
Restrictions None Known
Listed by SUTTON GROUP - LETHBRIDGE
LOCATION AND OTHER NEARBY PROPERTIES
REVIEWS
Michael Rand
I am a Alberta certified home inspector for a top home inspection company and have had the pleasure to work with Virin on a few occasions, his professional attitude and knowledge of the space is exceptional and should be a bar set by all realtors to match. It was a pleasure and I look forward to a long professional relationship with him and his company in the future. Thanks for being so professional and prompt with all requests.
Grace Logura
Viren is the Real Estate in Calgary, I would like to say he's very good person, he understood client, when making their choice on what they like or not, He's he's patient, and kind, if I know someone who went to buy house, i will recommend him.
keith mascarenhas
If you are looking for someone to help you with your real estate needs in Calgary look no further than Viren Vijayashankar. With his affable style and genuine care to meet your requiremnts he offers the best advice backed by years of fine tuned expertise. He helped us with some difficult remote decision making and look forward to working with him in the future.
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