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$ 395,000
Est. payment /mo
New
5204 579 Highway Rural Mountain View County, AB T0M2E0
1,976 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,976 sqft
Price per Sqft $199
Subdivision Watervalley
MLS Listing ID A2276619
Year Built 1950
Lot Size 0.780 Acres
Acres 0.78
Property Sub-Type Mixed Use
Property Description
Water Valley General Store stands as one of Alberta's most cherished rural landmarks and a lasting symbol of community connection. For more than seven decades, this iconic property has played a central role in daily life in Water Valley, serving not only as a place to purchase everyday essentials but also as a welcoming gathering space where neighbours meet, stories are shared, and traditions are passed from one generation to the next. Few properties offer this level of historical significance combined with genuine community importance.
Located in the heart of Water Valley, the General Store enjoys excellent exposure and a central position within the village, making it a natural hub for both locals and visitors. The historic building offers outstanding potential for a variety of uses, including retail, café, food service, or mixed-use concepts, while maintaining the character and charm that residents deeply value. Ownership of this property represents more than a commercial investment—it is an opportunity to steward a beloved landmark and contribute meaningfully to the ongoing vitality of the community.
The property is fully equipped for turn-key operation and has seen numerous functional upgrades to support modern business needs. Features include inspected underground gas tanks, upgraded and newer gas pumps, a brand-new air conditioning unit, newer fixtures throughout, and a reverse osmosis water filtration system, among other improvements. These updates provide peace of mind and allow an incoming owner or operator to focus on business operations rather than infrastructure.
For buyers, this offering presents a rare combination of location, history, and long-term potential in a tightly knit and supportive community. For entrepreneurs, it offers the chance to operate a business that is already woven into the fabric of local life. In addition to a full purchase, the Seller is also open to leasing options. The main building—or alternatively the second main building—may be leased upon request, providing flexibility for those who wish to establish or expand operations without an immediate purchase.
Whether acquired as an investment property, owner-operated business, or community-focused venture, the Water Valley General Store is a once-in-a-generation opportunity to own or operate a historic property with enduring relevance, strong visibility, and meaningful impact.
Located in the heart of Water Valley, the General Store enjoys excellent exposure and a central position within the village, making it a natural hub for both locals and visitors. The historic building offers outstanding potential for a variety of uses, including retail, café, food service, or mixed-use concepts, while maintaining the character and charm that residents deeply value. Ownership of this property represents more than a commercial investment—it is an opportunity to steward a beloved landmark and contribute meaningfully to the ongoing vitality of the community.
The property is fully equipped for turn-key operation and has seen numerous functional upgrades to support modern business needs. Features include inspected underground gas tanks, upgraded and newer gas pumps, a brand-new air conditioning unit, newer fixtures throughout, and a reverse osmosis water filtration system, among other improvements. These updates provide peace of mind and allow an incoming owner or operator to focus on business operations rather than infrastructure.
For buyers, this offering presents a rare combination of location, history, and long-term potential in a tightly knit and supportive community. For entrepreneurs, it offers the chance to operate a business that is already woven into the fabric of local life. In addition to a full purchase, the Seller is also open to leasing options. The main building—or alternatively the second main building—may be leased upon request, providing flexibility for those who wish to establish or expand operations without an immediate purchase.
Whether acquired as an investment property, owner-operated business, or community-focused venture, the Water Valley General Store is a once-in-a-generation opportunity to own or operate a historic property with enduring relevance, strong visibility, and meaningful impact.
Location
Province AB
Zoning C-LC
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Inclusions Fixtures, Coolers, Freezers, Inventory, POS System.
Fireplace No
Exterior
Roof Type Asphalt Shingle
Garage No
Building
Lot Description Near Golf Course
Dwelling Type Mixed Use
Foundation Block, Combination, Other
Others
Restrictions None Known
Listed by Real Broker