125 Leva Av - Restaurant FOR SALE


Red Deer County, AB T4E 1B2
$3,500,000 CAD
403-346-7755
125 Leva Av, Red Deer County, AB for Sale
$3,500,000 CAD
Restaurant - FOR SALE
1/3
null | Request Cap Rate

125 Leva Av
Red Deer County, AB T4E 1B2


HIGHLIGHTS

  • Established restaurant and gift shop operation featuring 165 indoor seats, a 65-seat patio, and multiple revenue streams.
  • Rare owner-user or investment opportunity with over 9,000 SF across two buildings in one of Central Alberta’s premier commercial corridors.
  • Strong traffic-generating business with approximately 110 parking stalls and a loyal customer base built since 1986.
  • Landmark Gasoline Alley destination with exceptional Highway 2 exposure on a 1.39-acre C-3 Highway Commercial site.

OVERVIEW

Iconic Gasoline Alley commercial property featuring Glenn’s Restaurant and Gift Shop on 1.39 acres with exceptional Highway 2 exposure in Red Deer County. Long-established business opportunity with multiple revenue streams, strong brand recognition, and a loyal customer base built over decades.

FOR SALE DETAILS

PRICE

$3,500,000 CAD

PRICE/SF

$369 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Glenn's Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

110

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,548 SF

ZONING

C3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ed KatchurMaxwell Real Estate SolutionsMore Info
403-346-7755

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Ed KatchurMaxwell Real Estate SolutionsMore Info
403-346-7755

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.