406 1 Street S, Grassy Lake

2026-05-23

406 1 Street S, Grassy Lake, Alberta

2280 ft²
For Sale Business
$427,500

MLS®#A2313938

Here is an excellent opportunity to own a well-established, turnkey bakery and restaurant in the welcoming community of Grassy Lake. Situated on a spacious half-acre lot with highway frontage, this modern building is just 10 years old and showcases true pride of ownership throughout. The property is exceptionally clean, well maintained, and thoughtfully laid out for efficiency. The inviting dining room comfortably seats 20 guests, while the functional kitchen design includes a dedicated prep room that allows for smooth workflow and high production capacity. A significant portion of the business revenue is generated through wholesale production and deliveries to local retailers, ensuring consistent cash flow that is not impacted by the Highway 3 bypass. This provides a stable foundation for continued success, with ample opportunity for future growth and expansion. Whether you are looking to step into a proven business or expand your entrepreneurial portfolio, this turnkey operation offers outstanding potential in a thriving market. Seller is offering to do a partial Seller Financing deal as well. If you've been wanting to be your own boss, this place is definitely worth considering. (id:32467)

Building Business
Rooms
Bedrooms
Bathrooms 0
Square Footage 2280 ft²
Built in 2016
Parking Type
Neighbourhood Grassy Lake

How much could you save on commission?

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

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$500,000

$300,000 $3,000,000

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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One Percent Realty's top FAQs

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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