$119,900
( $65.38Per Sq Foot )
 $644 est/mo Sourced by Back At You

18 Centre Street,Derwent, AB T0B4K0

Derwent, AB T0B4K0

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Description

MOTIVATED SELLER! OPEN TO OFFERS! VENDOR FINANCING AVAILABLE WITH DEPOSIT. Heres your opportunity to own a fully-equipped restaurant with land and building in the friendly rural community of Derwent, Alberta, Canada at a very affordable price. The zoning provides for both commercial and residential use. 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. Easy to convert to Residential use. The restaurant was operating until 2020 (Covid) and had loyal clientele. Upgrades include plumbing, electrical, drywall, 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 beautiful scenic area around Derwent is great for outdoor recreation with lakes and rolling hills. This property provides many business and residential opportunities and many options to purchase! (id:13843)

Details

MLS #44997506
Listing TypeFor Sale
StatusActive
Year1950
Days On Site83
Listing Provided ByLakeland Realty | Shirley D. Harms

Features

SQ Feet1,834
Acreage0.08

Interior

Fireplace Yes / NoNo

Area Information

ProvinceAB
CityDerwent
Postal CodeT0B4K0
Listing VS Median (in T0B4K0)
Price:
$119,900
low | high
Med:
$330,000
100% of Average
sqft:
1,834
low | high
Med:
574
100% of Average
$ / sqft:
$65
low | high
Med:
$575
100% of Average
On site:
83
low | high
Med:
110
75.454545454545% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceAB
CityDerwent
Postal CodeT0B4K0
Listing VS Median (in T0B4K0)
Price:
$119,900
low | high
Med:
$330,000
100% of Average
sqft:
1,834
low | high
Med:
574
100% of Average
$ / sqft:
$65
low | high
Med:
$575
100% of Average
On site:
83
low | high
Med:
110
75.454545454545% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $89K - $149K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
21 1 Avenue W Property Photo 1
$355,000
21 1 Avenue W
Derwent, AB T0B1C0
101 2nd Street E Property Photo 1
$370,000
101 2nd Street E
Derwent, AB T0B1C0
Listing Updated: August 21, 2026 at 12:36:32 PM PDT