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320 Railway Avenue

Granum T0L 1A0

MLS® Number:  A2290999

Back to Granum   

  • Home \
  • Granum \
  • 320 Railway Avenue

$ 549,900

0

BEDROOMS

0 + 0

BATHROOMS

0

SQUARE FEET

1904

YEAR BUILT

https://www.cirrealty.ca/reb/ldar/9/A2290999_2.jpg

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MLS® Number
A2290999
PROPERTY TYPE
Retail
LISTING DATE
March-05-2026

Step into a truly magical space—one that’s ready for a chef, restaurateur, or entrepreneur looking to create something memorable. This beautifully restored and completely updated building blends historic charm with warmth and personality. Inside, guests are welcomed by exposed brick walls, timber beams, hardwood floors, tin ceilings, and comfortable leather bench seating. Thoughtfully designed dining nooks invite conversation, while an elevated level offers a distinctive space ideal for private gatherings, events, or chef’s table experiences. The opportunity here is truly turnkey. From kitchen equipment to dishes and service essentials, nearly everything needed to open and operate your own restaurant is already in place and included with the property. (Artwork and clocks are part of the owner’s private collection, though most other items are negotiable.) Adding flexibility and value, the property includes two additional developed living spaces. A private suite within the building features its own entrance along with a full bath, kitchen, washer, and dryer—perfect for an owner-operator or on-site manager. In addition, an attached 600+ square foot fully renovated and furnished two-bedroom suite offers excellent revenue potential. Currently rented and generating income, it includes appliances, furnishings, and in-suite laundry. The building itself has undergone extensive upgrades. The original structure has been fully redone with new windows and doors, a roof insulated to R-40 standards with updated covering, and a newer furnace and hot water tank. The spacious lower level provides ample storage and utility space. Located in the hamlet of Granum along the Highway 2 corridor between Calgary and Lethbridge, this property is ideally positioned to serve both rural communities and travellers moving through Alberta’s cattle and farm country. For the right owner, it offers the rare chance to create a destination dining experience—one that draws guests from both nearby communities and the larger urban centres just up and down the highway. A unique property. A turnkey opportunity. And a place where vision, hospitality, and great food could turn this charming space into a true destination.

COMMUNITY 
PROPERTY TYPE  Retail
BUILDING TYPE  Flex
STYLE  N/A
YEAR BUILT 1904
SQUARE FOOTAGE  0
BEDROOMS  0
BATHROOMS  0
BASEMENT 
AMENITIES 
APPLIANCES 
COOLING 
FIREPLACE  N/A
FLOORING 
HEATING  Forced Air, Natural Gas
LAUNDRY 
LOT FEATURES 
PARKING 
RESTRICTIONS  None Known
ROOF  Flat Torch Membrane
TITLE  Fee Simple
BROKER  RE/MAX REAL ESTATE - LETHBRIDGE

 

 

ROOMS DIMENSIONS (m) LEVEL
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Data supplied by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE MLS® System. CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright [2024] by the REALTORS® Association of Edmonton. All Rights Reserved.