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5204 579 Highway W

Rural Mountain View County T0M2E0

MLS® Number:  A2298498

Back to Rural Mountain View County   

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  • 5204 579 Highway W

$ 425,000

0

BEDROOMS

0 + 0

BATHROOMS

0

SQUARE FEET

1950

YEAR BUILT

https://www.cirrealty.ca/reb/creb/98/A2298498_2.jpg

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MLS® Number
A2298498
PROPERTY TYPE
Retail
LISTING DATE
April-02-2026

Discover a rare opportunity to own a true landmark in the heart of Water Valley, Alberta. The iconic Water Valley General Store & Gas Station has long been a central hub for locals, visitors, and tourists exploring this beautiful and highly sought-after area. Rich in history and character, this property offers both a solid business foundation and exciting future potential. The main building features 1,976 sq.ft. of functional retail space designed to serve a variety of uses, from general store operations to specialty retail or hospitality concepts. In addition, a 1,123 sq.ft. auxiliary structure provides valuable extra space—ideal for storage, workshop use, or the opportunity to expand and diversify revenue streams. This flexibility makes the property well-suited for entrepreneurs looking to bring new ideas to a well-established location. Recent improvements to the main building include a new reverse osmosis water system, ensuring high-quality water service, a new air conditioning unit for improved comfort, and updated fixtures that enhance the overall look and functionality of the space. These upgrades contribute to a more efficient and inviting environment for both staff and customers. The Water Valley General Store is more than just a business—it is a recognized and cherished destination within the community. Its established presence and consistent traffic from locals, weekend visitors, and outdoor enthusiasts make it a strategic investment opportunity. Whether continuing its current use or reimagining the space, the location supports a wide range of commercial possibilities. Set against the backdrop of Alberta’s stunning countryside, Water Valley is known for its natural beauty, recreational opportunities, and growing popularity as a getaway destination. The property benefits from excellent exposure and a steady flow of customers traveling through the area year-round. Buyers should be aware that the main building will require a new roof in the future, presenting an opportunity to further enhance and add value to the property. Additionally, a Phase 2 Environmental Site Assessment will be required for the southwest corner of the main building, where two 2,500-litre fuel tanks were previously removed, and the area was backfilled. This has been reflected in the offering and should be considered as part of any due diligence. This is a unique chance to acquire a historic, high-profile commercial property in one of Alberta’s most charming rural communities. With its combination of history, location, and potential, the Water Valley General Store & Gas Station is ready for its next chapter. (Please note there is no financials)

COMMUNITY 
PROPERTY TYPE  Retail
BUILDING TYPE  Retail
STYLE  N/A
YEAR BUILT 1950
SQUARE FOOTAGE  0
BEDROOMS  0
BATHROOMS  0
BASEMENT 
AMENITIES 
APPLIANCES 
COOLING  Full
FIREPLACE  N/A
FLOORING 
HEATING  Forced Air, Natural Gas
LAUNDRY 
LOT FEATURES 
PARKING 
RESTRICTIONS  None Known
ROOF  Asphalt Shingle
TITLE  Fee Simple
BROKER  Real Broker

 

 

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Data supplied by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE MLS® System. CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright [2024] by the REALTORS® Association of Edmonton. All Rights Reserved.