Active
$425,000
50 N Main Street
Hill Spring
MLS® #A2294607
- 4,096 Sqft
- Built 2023
- Business
- ✓ Newer Build
- ✓ Spacious Layout
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. (id:66619)
Features
Interior
4,096 sqft
Year Built
2023
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
Estimate Your Payment
Hill Spring Mortgage Payment Calculator
Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
Interested in this property?
Contact Kirsten Bernal for more information or to arrange a showing.
Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.
