$549,900
FOR SALE

Business for Sale

Restaurant

320 Railway Avenue
Granum, AB T0L 1A0

Step into a truly magical space—one that’s ready for a chef, restaurateur, or entrepreneur looking to create something memorable.This beautifully restored and completely updated building blends historic charm with warmth and personality. Inside, guests are welcomed by exposed brick walls, timber beams, hardwood floors, tin ceilings, and comfortable leather bench seating. Thoughtfully designed dining nooks invite conversation, while an elevated level offers a distinctive space ideal for private gatherings, events, or chef’s table experiences.The opportunity here is truly turnkey. From kitchen equipment to dishes and service essentials, nearly everything needed to open and operate your own restaurant is already in place and included with the property. (Artwork and clocks are part of the owner’s private collection, though most other items are negotiable.)Adding flexibility and value, the property includes two additional developed living spaces. A private suite within the building features its own entrance along with a full bath, kitchen, washer, and dryer—perfect for an owner-operator or on-site manager. In addition, an attached 600+ square foot fully renovated and furnished two-bedroom suite offers excellent revenue potential. Currently rented and generating income, it includes appliances, furnishings, and in-suite laundry.The building itself has undergone extensive upgrades. The original structure has been fully redone with new windows and doors, a roof insulated to R-40 standards with updated covering, and a newer furnace and hot water tank. The spacious lower level provides ample storage and utility space.Located in the hamlet of Granum along the Highway 2 corridor between Calgary and Lethbridge, this property is ideally positioned to serve both rural communities and travellers moving through Alberta’s cattle and farm country. For the right owner, it offers the rare chance to create a destination dining experience—one that draws guests from both nearby co mmunities and the larger urban centres just up and down the highway.A unique property. A turnkey opportunity. And a place where vision, hospitality, and great food could turn this charming space into a true destination. (id:47421)
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Listed By RE/MAX REAL ESTATE - LETHBRIDGE
Data Provided By Lethbridge & District Association of REALTORS®
MLS® Listing Number A2290999
Last Updated Mar 30, 2026
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Price History

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Detailed Information
Listing Contract Date 2026-03-05
Municipal ID 0020620308
Ownership Type Freehold
Plan 961J
Property Type Business
Transaction Type For sale
Zoning Description NR-Commercial
Business
Business Type Restaurant
Business Subtype Restaurant
Building
Constructed Date 1904
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Forced air
Size (Exterior) 2415 square feet
Total Finished Area 2415 sqft
Type Retail
Land
Total Size Unknown

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