About 5301 50 Avenue
This 1980 Commercial building has been part of Castor businesses for years, with the CJ lounge-which is able to hold 75 patrons, the now coffee shop where all the important ideas are exchanged and debated over by the locals and visitors. It was and can be a restaurant again, with large walk in freezers, grill ,fryer, hood and warming islands , coolers and stand alone coolers. The business has added The Castor Liquor Store to its location and serves a wide variety of spirits. The former restaurant has the full line of equipment still available and is looking for the next owner to resurrect the once busy Tasty Mill Restaurant, hosting 71 seats. The property also houses a three bedroom and one bathroom suite attached to the building, either for the owners or a rental suite. A great opportunity for the next line of investors or a family run business that would serve the East Central Alberta area.
Features of 5301 50 Avenue
| MLS® # | A2289654 |
|---|---|
| Price | $499,500 |
| Acres | 0.40 |
| Year Built | 1980 |
| Type | Commercial |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 5301 50 Avenue |
|---|---|
| Subdivision | NONE |
| City | Castor |
| County | Paintearth No. 18, County of |
| Province | Alberta |
| Postal Code | T0C0X0 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Fiber Optics at Lot Line, Garbage Collection, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural Gas |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Roof | Metal |
|---|---|
| Construction | Brick, Concrete, Masonite, Metal Frame, Metal Siding |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | March 9th, 2026 |
|---|---|
| Days on Market | 176 |
| Zoning | C1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Sutton Landmark Realty |
|---|