Property Details

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Winners:

5204 579 Highway W
Rural Mountain View County (A2298498)

$425,000
1,976 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

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

Description

Discover a rare opportunity to own a true landmark in the heart of Water Valley, Alberta. The iconic Water Valley General Store & Gas Station has long been a central hub for locals, visitors, and tourists exploring this beautiful and highly sought-after area. Rich in history and character, this property offers both a solid business foundation and exciting future potential. The main building features 1,976 sq.ft. of functional retail space designed to serve a variety of uses, from general store operations to specialty retail or hospitality concepts. In addition, a 1,123 sq.ft. auxiliary structure provides valuable extra space—ideal for storage, workshop use, or the opportunity to expand and diversify revenue streams. This flexibility makes the property well-suited for entrepreneurs looking to bring new ideas to a well-established location. Recent improvements to the main building include a new reverse osmosis water system, ensuring high-quality water service, a new air conditioning unit for improved comfort, and updated fixtures that enhance the overall look and functionality of the space. These upgrades contribute to a more efficient and inviting environment for both staff and customers. The Water Valley General Store is more than just a business—it is a recognized and cherished destination within the community. Its established presence and consistent traffic from locals, weekend visitors, and outdoor enthusiasts make it a strategic investment opportunity. Whether continuing its current use or reimagining the space, the location supports a wide range of commercial possibilities. Set against the backdrop of Alberta’s stunning countryside, Water Valley is known for its natural beauty, recreational opportunities, and growing popularity as a getaway destination. The property benefits from excellent exposure and a steady flow of customers traveling through the area year-round. Buyers should be aware that the main building will require a new roof in the future, presenting an opportunity to further enhance and add value to the property. Additionally, a Phase 2 Environmental Site Assessment will be required for the southwest corner of the main building, where two 2,500-litre fuel tanks were previously removed, and the area was backfilled. This has been reflected in the offering and should be considered as part of any due diligence. This is a unique chance to acquire a historic, high-profile commercial property in one of Alberta’s most charming rural communities. With its combination of history, location, and potential, the Water Valley General Store & Gas Station is ready for its next chapter. (Please note there is no financials)

Property details

Basic Info

MLS® #
A2298498
Property Type:
Commercial
Subtype:
Retail
Subdivision:
NONE
Price
$425,000
Sale/Lease:
For Sale
Size:
1,976 sq.ft.
Year Built:
1950 (76 years old)

Building Info

Structure Type:
Retail
Building Name:
Water Valley General Store
Garage:
No
Fence:
Basement:
No
Inclusions:
Fixtures, Chatters and Inventory (No Value)

Acreage/Farm Info

Nearest Town:
Cremona

Lot / Land Info

Lot Size:
0.78 acres
Legal Land Desc:
27-29-5-W5
Zoning:
C-LC

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Concrete,Wood Frame,Wood Siding
Foundation:
See Remarks
Heating:
Forced Air, Natural Gas
Cooling:
Full

Listing Info

Possession:
Immediate
Days on Market:
22
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