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.
5204 579 Highway W, Rural Mountain View County
2026-04-03
Quick Summary
- Location
- 5204 579 Highway W, Rural Mountain View County, Alberta T0M2E0
- Price
- $349,000
- Status:
- For Sale
- Property Type:
- Retail
- Area:
- 1976 sqft
- Year of Construction:
- 1950
MLS®#A2298498
Property Description
(Please note there are no financials) Gas tanks were inspected and approved for use on May 14/2026. Discover a rare opportunity to own a true landmark in the heart of Water Valley, Alberta. The iconic Water Valley General Store & Gas Station has long been a central hub for locals, visitors, and tourists exploring this beautiful and highly sought-after area. Rich in history and character, this property offers both a solid business foundation and exciting future potential.The main building features 1,976 sq.ft. of functional retail space designed to serve a variety of uses, from general store operations to specialty retail or hospitality concepts. In addition, a 1,123 sq.ft. auxiliary structure provides valuable extra spaceâideal for storage, workshop use, or the opportunity to expand and diversify revenue streams. This flexibility makes the property well-suited for entrepreneurs looking to bring new ideas to a well-established location.Recent improvements to the main building include a new reverse osmosis water system, ensuring high-quality water service, a new air conditioning unit for improved comfort, and updated fixtures that enhance the overall look and functionality of the space. These upgrades contribute to a more efficient and inviting environment for both staff and customers.The Water Valley General Store is more than just a businessâit is a recognized and cherished destination within the community. Its established presence and consistent traffic from locals, weekend visitors, and outdoor enthusiasts make it a strategic investment opportunity. Whether continuing its current use or reimagining the space, the location supports a wide range of commercial possibilities.Set against the backdrop of Albertaâs stunning countryside, Water Valley is known for its natural beauty, recreational opportunities, and growing popularity as a getaway destination. The property benefits from excellent exposur e and a steady flow of customers traveling through the area year-round.Buyers should be aware that the main building will require a new roof in the future, presenting an opportunity to further enhance and add value to the property. Additionally, a Phase 2 Environmental Site Assessment will be required for the southwest corner of the main building, where two 2,500-litre fuel tanks were previously removed, and the area was backfilled. This has been reflected in the offering and should be considered as part of any due diligence.This is a unique chance to acquire a historic, high-profile commercial property in one of Albertaâs most charming rural communities. With its combination of history, location, and potential, the Water Valley General Store & Gas Station is ready for its next chapter. (id:32467)
Property Features
Building
- Cooling Type: Fully air conditioned
- Exterior Finish: Concrete, Wood siding
- Fireplace: No
- Interior Size: 1976 sqft
- Building Type: Retail
Land
- Land Size: 33976.8 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: 2026-06-05 22:01:51
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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
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.
Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.
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