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5204 579 Highway, Rural Mountain View County
2026-01-03
Quick Summary
- Location
- 5204 579 Highway, Rural Mountain View County, Alberta T0M2E0
- Price
- $395,000
- Status:
- For Sale
- Property Type:
- Business
- Area:
- 1976 sqft
- Year of Construction:
- 1950
MLS®#A2276619
Property Description
Water Valley General Store stands as one of Alberta’s most cherished rural landmarks and a lasting symbol of community connection. For more than seven decades, this iconic property has played a central role in daily life in Water Valley, serving not only as a place to purchase everyday essentials but also as a welcoming gathering space where neighbours meet, stories are shared, and traditions are passed from one generation to the next. Few properties offer this level of historical significance combined with genuine community importance.Located in the heart of Water Valley, the General Store enjoys excellent exposure and a central position within the village, making it a natural hub for both locals and visitors. The historic building offers outstanding potential for a variety of uses, including retail, café, food service, or mixed-use concepts, while maintaining the character and charm that residents deeply value. Ownership of this property represents more than a commercial investment—it is an opportunity to steward a beloved landmark and contribute meaningfully to the ongoing vitality of the community.The property is fully equipped for turn-key operation and has seen numerous functional upgrades to support modern business needs. Features include inspected underground gas tanks, upgraded and newer gas pumps, a brand-new air conditioning unit, newer fixtures throughout, and a reverse osmosis water filtration system, among other improvements. These updates provide peace of mind and allow an incoming owner or operator to focus on business operations rather than infrastructure.For buyers, this offering presents a rare combination of location, history, and long-term potential in a tightly knit and supportive community. For entrepreneurs, it offers the chance to operate a business that is already woven into the fabric of local life. In addition to a full purchase, the Seller is also open to leasing options. The main building—or alternatively the second main building— may be leased upon request, providing flexibility for those who wish to establish or expand operations without an immediate purchase.Whether acquired as an investment property, owner-operated business, or community-focused venture, the Water Valley General Store is a once-in-a-generation opportunity to own or operate a historic property with enduring relevance, strong visibility, and meaningful impact. (id:32467)
Property Features
Building
- Cooling Type: Central air conditioning
- Exterior Finish: Wood siding
- Fireplace: No
- Interior Size: 1976 sqft
- Building Type: Commercial Mix
Land
- Land Size: 34056 sqft|32,670 - 43,559 sqft (3/4 - 1 ac)
Ownership
- Type: Freehold
Zoning
- Description: C-LC
Information entered by Real Broker
Listing information last updated on: 2026-01-03 00:27:19
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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