18 Centre Street, Derwent

2026-06-03
 

Quick Summary

Location
18 Centre Street, Derwent, Alberta T0B4K0
Price
$124,900 CAD
Status:
For Sale
Property Type:
Retail
Area:
1834 sqft
Year of Construction:
1950

MLS®#44997506

Property Description

Heres your opportunity to own a fully-equipped restaurant with land and building in the friendly rural community of Derwent at a very affordable price. Derwent is situated along Hwy 45 in East Central Alberta and centrally located between Two Hills, Elk Point and Vermilion. The 1834 sq.ft. building with full cement basement for ample storage sits on a 3300 sq.ft lot (30 x 110) and includes a 26 seat restaurant, fully equipped kitchen, 2 bathrooms, office/board room and retail space. The restaurant was operating until 2020 (Covid) and had loyal clientele. Upgrades include plumbing, electrical, drywall and insulation, heating, metal roof and much more. Older garage at back of property. Get out of the hustle and bustle and make your dream a reality. The zoning of this property (Urban General) allows you to operate your business and reside in the same building. The beautiful scenic area around Derwent is great for outdoor recreation with lakes and rolling hills. Includes everything you need to make this business your own! (id:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 1834 sqft

Land

  • Land Size: 0|Unknown

Information entered by Lakeland Realty
Listing information last updated on: 2026-06-24 15:17:38


Book your free home evaluation with a 1% REALTOR® now!


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

Slide to select your home's price:

$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

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.


Learn more about the One Percent Realty Deal