Active Listing

406 1 Street S

406 1 Street S, Grassy Lake

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$427,500Price
2,280Sq Ft

Here is an excellent opportunity to own a well-established, turnkey bakery and restaurant in the welcoming community of Grassy Lake.

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Here is an excellent opportunity to own a well-established, turnkey bakery and restaurant in the welcoming community of Grassy Lake. Situated on a spacious half-acre lot with highway frontage, this modern building is just 10 years old and showcases true pride of ownership throughout. The property is exceptionally clean, well maintained, and thoughtfully laid out for efficiency. The inviting dining room comfortably seats 20 guests, while the functional kitchen design includes a dedicated prep room that allows for smooth workflow and high production capacity. A significant portion of the business revenue is generated through wholesale production and deliveries to local retailers, ensuring consistent cash flow that is not impacted by the Highway 3 bypass. This provides a stable foundation for continued success, with ample opportunity for future growth and expansion. Whether you are looking to step into a proven business or expand your entrepreneurial portfolio, this turnkey operation offers outstanding potential in a thriving market. Seller is offering to do a partial Seller Financing deal as well. If you've been wanting to be your own boss, this place is definitely worth considering.

Specifications

Property Details

Property TypeCommercial
Property SubtypeBusiness
StructureOther
Transaction TypeFor Sale
Living Area2,280 sq ft
Building Area2,280 sq ft
Year Built2016
HeatingCentral,Natural Gas
RoofAsphalt Shingle
FoundationPoured Concrete
Annual Taxes$4,660 (2025)
ZoningCommercial
PossessionNegotiable
Occupant TypeOwner
InclusionsRequest for List of Inclusions
ListedMay 23, 2026
NeighbourhoodNONE
MLS NumberA2313938
The Location

NONE

406 1 Street S, Grassy Lake, Alberta, T0K 0Z0

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Your Luxury Real Estate Specialist

Inquiries & Private Showings

Spencer Rivers

Calgary luxury real estate specialist. Whether you are looking to buy, sell, or simply want more information about this property, I am here to help.

Listing courtesy of REAL BROKER.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2025 are $4,660. Contact Spencer Rivers for the most recent assessment documents.
Is a private viewing available?expand_more
Yes, private viewings are available by appointment. Contact Spencer Rivers at 403-966-9237 or visit our contact page to schedule a showing.
What is the listing status?expand_more
This property is currently Active. MLS A2313938. Listed May 23, 2026. Listed by REAL BROKER.

Ask About This Property

Get in touch with Spencer Rivers for a private showing, detailed floor plans, or more information about this listing.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board (CREB). The trademarks MLS, Multiple Listing Service and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Data last updated: June 8, 2026.