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Restaurant For Sale

$549,900

MLS® Number: A2290999

Floor Area

2,415

Year Built

1904

320 Railway Avenue, Granum, Alberta

About This Property

Step into a truly magical space—one that’s ready for a chef, restaurateur, or entrepreneur looking to create something memorable.This beautifully restored and completely updated building blends historic charm with warmth and personality. Inside, guests are welcomed by exposed brick walls, timber beams, hardwood floors, tin ceilings, and comfortable leather bench seating. Thoughtfully designed dining nooks invite conversation, while an elevated level offers a distinctive space ideal for private gatherings, events, or chef’s table experiences.The opportunity here is truly turnkey. From kitchen equipment to dishes and service essentials, nearly everything needed to open and operate your own restaurant is already in place and included with the property. (Artwork and clocks are part of the owner’s private collection, though most other items are negotiable.)Adding flexibility and value, the property includes two additional developed living spaces. A private suite within the building features its own entrance along with a full bath, kitchen, washer, and dryer—perfect for an owner-operator or on-site manager. In addition, an attached 600+ square foot fully renovated and furnished two-bedroom suite offers excellent revenue potential. Currently rented and generating income, it includes appliances, furnishings, and in-suite laundry.The building itself has undergone extensive upgrades. The original structure has been fully redone with new windows and doors, a roof insulated to R-40 standards with updated covering, and a newer furnace and hot water tank. The spacious lower level provides ample storage and utility space.Located in the hamlet of Granum along the Highway 2 corridor between Calgary and Lethbridge, this property is ideally positioned to serve both rural communities and travellers moving through Alberta’s cattle and farm country. For the right owner, it offers the rare chance to create a destination dining experience—one that draws guests from both nearby co mmunities and the larger urban centres just up and down the highway.A unique property. A turnkey opportunity. And a place where vision, hospitality, and great food could turn this charming space into a true destination.

Property Details

Interior Details

Heating

Forced air, Natural gas

Living Area

2415 sqft

Building & Exterior

Building Area Total

2415.0

Building Area Units

square feet

Foundation Details

Poured Concrete

Year Built

1904

Land & Location

Parcel Number

0020620308

Postal Code

T0L1A0

Listing & Financials

Listing Office

RE/MAX REAL ESTATE - LETHBRIDGE

Originating System Name

Lethbridge & District Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($109,980)
5.5%
25 Years

Estimated Monthly Payment

$2,701

Principal and interest only. Actual rates may vary.

Location & Map

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