5301 50 Avenue, Castor

2026-03-09
 

Quick Summary

Location
5301 50 Avenue, Castor, Alberta T0C0X0
Price
$499,500 CAD
Status:
For Sale
Property Type:
Business
Area:
6000 sqft
Year of Construction:
1980

MLS®#A2289654

Property Description

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. (id:32467)

Property Features

Building

  • Exterior Finish: Brick, Concrete, Metal
  • Fireplace: No
  • Interior Size: 6000 sqft
  • Building Type: Commercial Mix
  • Utility Water: Municipal water

Land

  • Land Size: 17250 sqft|10,890 - 21,799 sqft (1/4 - 1/2 ac)
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: C1

Information entered by Sutton Landmark Realty
Listing information last updated on: 2026-03-09 20:12:42


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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.

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At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

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For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

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