Property Details

5208 49 Ave
Redwater (A2302485)

$599,000
1,264 ft²
Loading Listing...

Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

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.

Property details

Basic Info

MLS® #
A2302485
Property Type:
Commercial
Subtype:
Mixed Use
Subdivision:
Redwater
Price
$599,000
Sale/Lease:
For Sale
Size:
1,264 sq.ft.
Year Built:
1976 (50 years old)

Building Info

Structure Type:
Mixed Use
Garage:
No
Fence:
Basement:
No
Inclusions:
Mobile Home, Assets and equipments

Lot / Land Info

Zoning:
C-DWT

Business Info

Business Name:
Burger Baron
Business Type:
Restaurant

Listing Info

Possession:
30 Days / Neg
Days on Market:
83
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

    Ask a question
    • This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    Share This Listing
    Share Button
    Related Properties
    Apply Online