5208 49 Ave , Redwater, Alberta

$499,000

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About 5208 49 Ave

Incredible opportunity to own a long-established, family-operated burger restaurant in the Redwater community for over 35 years. Located approximately 40 minutes northeast of Edmonton on a high-visibility main road, this well-known business includes the real estate and also includes a double-wide mobile home, ideal for an owner-operator, onsite staff accommodation, or potential additional rental income. The fully equipped commercial kitchen is ready for continued operation and includes all the necessary restaurant equipment and assets. The bright dining area retains its classic small-town diner charm, while the large paved parking lot and drive-through capability support both dine-in and takeout business. Recent major improvements include a newer commercial flat roof on the restaurant, a lifetime shingle roof on the mobile home, asphalt parking lot repairs, and a new cooling system installed in 2025. With an established local customer base, multiple potential revenue streams and opportunities for growth through expanded hours, updated marketing or menu enhancements, this turnkey business offers an attractive opportunity for an experienced operator or motivated first-time buyer seeking an established community business with long-term potential.

Features of 5208 49 Ave

MLS® # A2343896
Price $499,000
Year Built 1976
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 5208 49 Ave
Subdivision Redwater
City Redwater
County Sturgeon County
Province Alberta
Postal Code T0A 2W0

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed September 10th, 2026
Days on Market 1
Zoning C-DWT
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMaxwell Polaris

Listing Map