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$ 425,000
Est. payment /mo
Active
50 N Main ST Hill Spring, AB T0K 1E0
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS® Listing ID A2294607
Year Built 2023
Annual Tax Amount $12,000
Tax Year 2025
Property Sub-Type Business
Source Lethbridge and District
Property Description
Located in the welcoming hamlet of Hillspring, just a short drive from Waterton Park and surrounded by popular camping destinations, this versatile commercial property offers exceptional opportunity in a community ready for growth.
Currently operating as the Ranch House Restaurant and convenience store, this building has been successfully run year-round for the past 3 years. The Business has a license to serve alcohol. While the business itself is not advertised in the sale, it can be sold with the building. The building replacement cost is more then the asking price, and the property is advertised based on that building value and its potential. The Seller is not putting the value of the business in the asking price. He is trying to sell the building. The property can be purchased fully equipped for continued restaurant use, or the equipment can be removed to suit your vision.
With no existing gas station or competing food services in the area, Hillspring presents a unique gap in the market. The seller is also open to offering the adjacent lot at an attractive price—ideal for a future gas station, with interest already expressed by potential partners.
Whether you're looking to establish a restaurant, retail space, or develop residential units or vacation rentals, this property offers flexibility and strong potential. Priced below replacement cost, it's a rare chance to invest in a growing rural community with untapped demand.
Great opportunities await in Hillspring.
Currently operating as the Ranch House Restaurant and convenience store, this building has been successfully run year-round for the past 3 years. The Business has a license to serve alcohol. While the business itself is not advertised in the sale, it can be sold with the building. The building replacement cost is more then the asking price, and the property is advertised based on that building value and its potential. The Seller is not putting the value of the business in the asking price. He is trying to sell the building. The property can be purchased fully equipped for continued restaurant use, or the equipment can be removed to suit your vision.
With no existing gas station or competing food services in the area, Hillspring presents a unique gap in the market. The seller is also open to offering the adjacent lot at an attractive price—ideal for a future gas station, with interest already expressed by potential partners.
Whether you're looking to establish a restaurant, retail space, or develop residential units or vacation rentals, this property offers flexibility and strong potential. Priced below replacement cost, it's a rare chance to invest in a growing rural community with untapped demand.
Great opportunities await in Hillspring.
Location
State AB
County Cardston County
Zoning Commercial
Exterior
Roof Type Metal
Others
Restrictions None Known
Tax ID 57294771
Ownership Private
Listed by SUTTON GROUP - LETHBRIDGE