$499,500
FOR SALE

Business for Sale

Lot: 45.72 x 35.05 m

5301 50 Avenue
Castor, AB T0C 0X0

This 1980 Commercial building has been part of Castor businesses for years, with the CJ lounge-which is able to hold 75 patrons, the now coffee shop where all the important ideas are exchanged and debated over by the locals and visitors. It was and can be a restaurant again, with large walk in freezers, grill ,fryer, hood and warming islands , coolers and stand alone coolers. The business has added The Castor Liquor Store to its location and serves a wide variety of spirits. The former restaurant has the full line of equipment still available and is looking for the next owner to resurrect the once busy Tasty Mill Restaurant, hosting 71 seats. The property also houses a three bedroom and one bathroom suite attached to the building, either for the owners or a rental suite. A great opportunity for the next line of investors or a family run business that would serve the East Central Alberta area. (id:47421)
Share
Listed By Sutton Landmark Realty
Data Provided By Central Alberta REALTORS® Association
MLS® Listing Number A2289654
Last Updated Mar 09, 2026
Property Summary
Property Type Business For Sale

More like this:
Franchise Non-Franchise
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Lot 45.72 x 35.05 m
Listing Contract Date 2026-03-09
Municipal ID 0013985321
Ownership Type Freehold
Plan 5868Z
Property Type Business
Transaction Type For sale
Zoning Description C1
Building
Constructed Date 1980
Construction Material Poured concrete, Steel frame
Exterior Finish Brick, Concrete, Metal
Foundation Type Poured Concrete
Heating Fuel Natural gas
Size (Exterior) 6000 square feet
Total Finished Area 6000 sqft
Type Commercial Mix
Utility Power Three Phase
Utility Water Municipal water
Utilities
Type Description
ElectricityConnected
Natural GasConnected
TelephoneConnected
SewerConnected
WaterConnected
Land
Total Size 17250 square feet
Sewer Municipal sewage system
Size of Irregular Land 17250.00

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)