406 1 Street S, Grassy Lake, Alberta

$427,500

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About 406 1 Street S

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.

Features of 406 1 Street S

MLS® # A2313938
Price $427,500
Year Built 2016
Type Commercial
Sub-Type Business
Status Active

Community Information

Address 406 1 Street S
Subdivision NONE
City Grassy Lake
County Taber, M.D. of
Province Alberta
Postal Code T0K 0Z0

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Central, Natural Gas
Fireplace No
Has Basement No

Exterior

Roof Asphalt Shingle
Foundation Poured Concrete

Additional Information

Date Listed May 23rd, 2026
Days on Market 102
Zoning Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeREAL BROKER

Listing Map