Primary photo of 18  Centre Street, Derwent
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Retail For Sale

$124,900

MLS® Number: 44997506

Floor Area

1,834

Land Size

0

Year Built

1950

18 Centre Street, Derwent, Alberta

About This Property

Heres your opportunity to own a fully-equipped restaurant with land and building in the friendly rural community of Derwent at a very affordable price. Derwent is situated along Hwy 45 in East Central Alberta and centrally located between Two Hills, Elk Point and Vermilion. The 1834 sq.ft. building with full cement basement for ample storage sits on a 3300 sq.ft lot (30 x 110) and includes a 26 seat restaurant, fully equipped kitchen, 2 bathrooms, office/board room and retail space. The restaurant was operating until 2020 (Covid) and had loyal clientele. Upgrades include plumbing, electrical, drywall and insulation, heating, metal roof and much more. Older garage at back of property. Get out of the hustle and bustle and make your dream a reality. The zoning of this property (Urban General) allows you to operate your business and reside in the same building. The beautiful scenic area around Derwent is great for outdoor recreation with lakes and rolling hills. Includes everything you need to make this business your own!

Property Details

Interior Details

Living Area

1834 sqft

Building & Exterior

Year Built

1950

Land & Location

Lot Size Area

0.0 sqft

Lot Size Dimensions

0

Postal Code

T0B4K0

Listing & Financials

Listing Office

Lakeland Realty

Originating System Name

REALTORS® Association of Edmonton – Commercial

Other Specifications

Country

Canada

Mortgage Calculator

20% ($24,980)
5.5%
25 Years

Estimated Monthly Payment

$614

Principal and interest only. Actual rates may vary.

Location & Map

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