Active Listing

5002 51

5002 51, Grassland

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$1,100,000Price
4,068Sq Ft

Prime commercial investment opportunity with excellent Highway 55 frontage in Grassland.

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Prime commercial investment opportunity with excellent Highway 55 frontage in Grassland. This multi-tenant commercial building features three leaseable bays. One bay is occupied by a busy drive-thru fast food restaurant that has successfully operated at this location for 25+ years, while another is leased to a parts store for the last couple years. The third bay is vacant and already set up for a liquor store, complete with coolers, shelving, and more. Strategically located along Highway 55, which captures Highway 63 traffic from both north & south, this property benefits from strong exposure, easy access, and ample parking. Conveniently situated approximately 2.5 hours south of Fort McMurray and 2 hours north of Edmonton, this is an excellent opportunity to own a high-visibility commercial property in a key regional corridor.

Specifications

Property Details

Property TypeCommercial
Property SubtypeRetail
StructureLow Rise (2-4 stories)
Transaction TypeFor Sale
Living Area4,068 sq ft
Building Area4,068 sq ft
Year Built1995
Building NameWally's
Annual Taxes$9,779 (2026)
ZoningC
PossessionImmediate,Negotiable
Occupant TypeTenant
Days on Market8
ListedJune 8, 2026
NeighbourhoodGrassland
MLS NumberA2317098
The Location

Grassland

5002 51, Grassland, Alberta, T0A 1V0

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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 eXp Realty.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2026 are $9,779. 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 A2317098. Listed June 8, 2026. Listed by eXp Realty.

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 28, 2026.