5301 50 Avenue, Castor

2026-03-09

5301 50 Avenue, Castor, Alberta

6000 ft²
For Sale Business
$499,500

MLS®#A2289654

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)

Building Business
Rooms
Bedrooms
Bathrooms 0
Square Footage 6000 ft²
Built in 1980
Parking Type
Neighbourhood Castor

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How much could you save in commission selling with One Percent Realty?

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$500,000

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Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 3% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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Q.
What is the deal exactly, with One Percent Realty?

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.

Q.
What do you charge?

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.

Q.
Are your listings on MLS® and realtor.ca?

Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.

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