$599,000
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5208 49 Ave, Redwater, AB T0A 2W0

Incredible chance to own a beloved, family-operated burger restaurant that has been proudly serving the Redwater community and surrounding area for over 35 years. Located just 40 minutes northeast of Edmonton on a high-visibility main road, this well-established business includes the real estate and features strong curb appeal with its awnings and prominent signage. The property also includes a double wide mobile home perfect for owner operator or onsite employees or offers excellent potential for additional rental income. The fully equipped commercial kitchen is ready to operate, complete with ovens, fryers, grills, refrigeration, sinks, hood systems, and all necessary assets. Recent major upgrades include a newer commercial flat roof on the restaurant, and a lifetime shingle roof on the mobile home, along with completed a asphalt parking lot repair, and installed a new cooling system in 2025. The bright, nostalgic dining area maintains its classic small-town diner charm, while the large paved parking lot and drive-through option support both dine-in and takeout traffic. This is a proven business with a loyal local customer base, multiple revenue streams (restaurant + potential rental), and room for growth through updated marketing, extended hours, or menu enhancements. Whether you're an experienced operator or a motivated first-time buyer looking for a stable community staple, this turnkey opportunity provides immediate cash flow and long-term potential in a growing small town market.

  • MLS® A2302485
  • Date Listed04/15/2026
  • Days on Realty 103 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Subdivision Redwater
  • County Sturgeon County
  • Year Built 1976

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T0A 2W0

Discover key demographics, population statistics, and environmental insights for the Redwater, AB area.

Walkability in AB / T0A 2W0

Source: Walk Score

46/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

47/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 7/100, Transit Score: 0/100, Bike Score: 22/100.

Points of Interest near 5208 49 Ave, Redwater, AB T0A 2W0

Frequently Asked Questions for 5208 49 Ave

Source: Realty.com

5208 49 Ave, Redwater, AB T0A 2W0 in Redwater, Redwater, AB T0A 2W0 is a mixed use listed at $599,000. Highlights include built in 1976. Realty.ca has 8 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 8 photos of 5208 49 Ave.

Our records indicate that 5208 49 Ave was built in 1976.

The full address for this home is 5208 49 Ave, Redwater, AB T0A 2W0.

5208 49 Ave has been listed on Realty.com since Wed April 15, 2026

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 7/100, Transit Score: 0/100, Bike Score: 22/100.

Listing provided courtesy of: Maxwell Polaris (tel: 780-450-6300)
Listing agent: Rohin Sethi (tel: 587-405-3555)

This content last refreshed on 2026-07-27 18:36:36. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.