Elias Belay

First Place Realty

Cell 403-630-0859

Email: eliasbelay@gmail.com

Office Listings

604 1 Street S
NONE Grassy Lake T0K 0Z0

$699,000
Commercial

Main Photo: 604 1 Street S: Grassy Lake Business for sale : MLS®# A2209104
Photo 1: 604 1 Street S: Grassy Lake Business for sale : MLS®# A2209104
Photo 2: 604 1 Street S: Grassy Lake Business for sale : MLS®# A2209104
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Photo 18: 604 1 Street S: Grassy Lake Business for sale : MLS®# A2209104
Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2209104
Exceptional Turnkey Investment Opportunity. This offering includes land, a mixed-use building (grocery and residential), a well-established grocery business, equipment, and an above-ground fuel tank. The business serves as a central retail hub for the town, offering a comprehensive range of products including groceries, liquor, tobacco, lottery, and fuel (regular and diesel). As the only grocery store in town, it enjoys consistent customer traffic and reliable revenue streams. The property has been thoughtfully upgraded and is meticulously maintained. A newly built 1,200 sq. ft. residential home featuring 2 bedrooms and 2 bathrooms is located directly adjacent to the commercial building—ideal for owner-occupancy or generating additional rental income. The grocery store occupies 3,200 sq. ft. on a 23,702 sq. ft. (0.544 acre) lot, with significant potential for further development. Opportunities include enhancing the existing fuel infrastructure, introducing a shop-in-shop food depot in response to growing local demand. This growth is expected to further increase foot traffic and broaden the store’s customer base, enhancing long-term value for investors and operators alike. New residential developments are currently under construction, adding significant value to this opportunity whether for investment purposes or owner-occupied operation. This is a rare chance to acquire a thriving business with real estate and immediate upside in a growing Alberta community.
Property Type:
Commercial
Property Sub Type:
Business
Transaction Type:
For Sale
Business Type:
Grocery
Business Name:
Grassy Lake Grocery Store
Total Building Area:
3,200 sq. ft.
Year built:
1982 (Age: 43)
Bathrooms:
- (Full:-, Half:-)
Plan:
4555S
Structure Type:
Retail
Ensuite:
No
Garage:
0
NONE
None
None Known
Num. of Parcels:
0
Region:
Taber, M.D. of
Zoning:
C
Listed Date:
Apr 07, 2025
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Listed by First Place Realty
Data was last updated April 18, 2025 at 10:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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