Active Listing

4810 50 Avenue

4810 50 Avenue, Valleyview

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$995,000Price
5,838Sq Ft

A grand income property with unlimited potential and pure Olde Country charm.

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A grand income property with unlimited potential and pure Olde Country charm! Discover a rare, multi-stream revenue generator designed for the visionary entrepreneur. The main building was built in 2005 but has a timeless Bavarian identity. This unique commercial property perfectly blends stable residential income with a commercial business opportunity which has been assembled and is truly ready to go. With its exceptional location along 50th Avenue, it has long been a feature property within the heart of the downtown area within the Town of Valleyview. The property additionally features so many benefits including a 912 sq.ft. detached residence which means you can live where you work or you can continue to use it as another source of income. The potential for revenue generation doesn’t end with the buildings. A mini-golf course was developed on one of the three lots, and the other lot is vacant and could be used for business expansion, redevelopment or resale. This property offers multiple income streams, including rental income available from day one. You could then expand and bring back to life the iconic Bavarian themed restaurant, or you could completely reinvent the property to match your creative vision. Whatever you decide bring your imagination and create a new future for this completely unique and landmark property today!

Specifications

Property Details

Property TypeCommercial
Property SubtypeMixed Use
StructureMulti Unit
Transaction TypeFor Sale
Living Area5,838 sq ft
Building Area5,838 sq ft
Lot Size33,080 sq ft
Lot Acres0.7600
Year Built2005
HeatingIn Floor,Forced Air,Natural Gas
RoofAsphalt Shingle
ConstructionICFs (Insulated Concrete Forms),Wood Frame
FoundationCombination
Lot FeaturesBack Lane,Corner Lot
Water SourcePublic
SewerPublic Sewer
UtilitiesElectricity Available,Natural Gas Available
Building NameThe New Olde Country Inn
Annual Taxes$7,077 (2026)
Tax Assessment$394,000
ZoningCD
Possession90 Days / Neg
Occupant TypeTenant
Title / LandFee Simple
InclusionsAll furnishings, fixtures, equipment, decor and smallware items relating to the underlying business to remain; with the exclusion of some personal and keepsake decor items (list can be provided of personal items to be removed).
Days on Market18
ListedMay 29, 2026
NeighbourhoodNONE
MLS NumberA2315853
The Location

NONE

4810 50 Avenue, Valleyview, Alberta, T0H 3N0

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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 Royal LePage Redwillo Realty.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2026 are $7,077. 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 A2315853. Listed May 29, 2026. Listed by Royal LePage Redwillo 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 29, 2026.