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$485,000
Est. payment /mo
0.29 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS® Listing ID A2303452
Year Built 1996
Annual Tax Amount $6,517
Tax Year 2025
Lot Size 0.290 Acres
Acres 0.29
Property Sub-Type Business
Source Central Alberta
Property Description
Exceptional opportunity to acquire a well-maintained commercial property in the heart of Spruce View, Alberta, home to the long-standing Tivoli Garden Cafe. This property has been a staple in the community and surrounding Central Alberta region for over 20 years, offering strong visibility and consistent local traffic. Constructed in 1996, the building has been thoughtfully maintained and remains in excellent condition. Designed for food service, the property features a fully built-out commercial kitchen with updated equipment, allowing for seamless continued operation. The functional layout supports efficient workflow, with dedicated prep areas, ample storage, and customer seating. Outdoor patio space enhances seasonal capacity and customer experience. Ample on-site parking and convenient access further contribute to the property's appeal for both local clientele and visitors. Situated on a well-positioned 12,000 sq.ft. lot , this offering provides an excellent opportunity for investors or owner-operators seeking a quality commercial asset at a price point well below replacement cost. Whether continuing as a restaurant or repurposing for another commercial venture, this property delivers versatility, strong community presence, and longterm value. Spruce View is ideally positioned on Highway 5 , with easy access to Sylvan Lake, Innisfail, Rocky Mountain House, Gleniffer Lake, and Dickson Dam — providing both a loyal local customer base and steady highway traffic year round.
Location
Province AB
County Red Deer County
Zoning CTC
Interior
Heating Natural Gas
Cooling Central Air
Inclusions Restaurant equipment list.
Building
Foundation Poured Concrete
Others
Restrictions None Known
Tax ID 102221689
Ownership Private
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Listed by Maxwell Real Estate Solutions Ltd.
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