The Opportunity

Overview

Glenn's Restaurant ~ A Family Tradition Since 1986. An Iconic landmark in Red Deer County’s renowned and ever expanding Gasoline Alley. Ever notice the large Tea Pot? Glenn’s restaurant and gift shop, (2 separate buildings) situated on 1.39 Acres of prime commercial land, is now available for sale. Invaluable exposure along Highway 2, on the south side of Red Deer. Own a piece of history while operating your own restaurant and gift shop. The restaurant comfortably seats 165 guests and features a proven, long standing menu that has built a loyal customer base over the years. Both the restaurant and gift shop offer an extensive selection of specialty teas and unique giftware, creating multiple revenue opportunities. Whether you’re an experienced restaurateur, entrepreneur, or investor, this is a rare chance to acquire highly desirable property in a premier location. (id:61970)

Investment highlights

01Business

Property details

Property type: Business
Transaction: Business opportunity
Building area: 9,477 square feet
Site area: 1.39 acres
Listing brokerage: Maxwell Real Estate Solutions Ltd.
Listing representative: Ed Katchur
Board / association: Red Deer (Central Alberta)

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Financial information

Asking price$3,500,000

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Location intelligence

125 Leva Avenue
Rural Red Deer County, Alberta T4E1B2

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Documents

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From interest to a decision

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Property diligence resources

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Acquisition criteria workpaperDefine required, preferred and flexible mandate criteria →Property tour and comparison scorecardCompare this opportunity against the real requirement →Phase I environmental site assessmentHistory, records, observations and professional findings →Environmental records and contaminated sitesERV, AER records, certificates and search limitations →Commercial property due diligenceCoordinate every acquisition workstream →Commercial real estate appraisalPurpose, scope, evidence, reliance and report review →Assessment and property taxesAssessment dates, methods, tax allocation and review →Due diligence document requestTitle, permits, environment, leases and operations →Permit and occupancy recordsApplications, inspections, completion and use →Insurance due diligenceProperty facts, loss history, limits and closing →Replacement cost and loss historyReconstruction assumptions, claims and repairs →Building condition assessmentSystems, records and physical findings →Capital expenditure planTiming, cost basis and scenarios →Inspection accessAuthority, testing and deadlines →Alberta title searchParcels, ownership and registrations →Registered interestsCaveats, easements and rights →Survey plans and boundariesPlans, access and occupation →

Source Record

Current listing facts, with attribution intact.

Source: REALTOR.ca DDF®
Listing status: active
Source ID: 30037777
Last supplied (UTC): July 22, 2026
Listing brokerage: Maxwell Real Estate Solutions Ltd.
Listing representative: Ed Katchur
Board / association: Red Deer (Central Alberta)

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Listing brokerage: Maxwell Real Estate Solutions Ltd. · Listing representative: Ed Katchur · Board/association: Red Deer (Central Alberta) · Updated (UTC): Jul 22, 2026

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.

Business opportunity