The Opportunity

Overview

An iconic Bearspaw landmark, now home to Flores & Pine, is one of Rocky View County’s most recognized dining destinations. Formerly The Bears Den, this remarkable 11,000 sq ft property has evolved into a refined yet welcoming culinary experience just minutes west of Calgary. Set on 2.41 professionally landscaped acres, unique also due to its being the only parcel in the surrounding area with DC zoning for a restaurant with restrictive covenants on adjacent lots. Flores & Pine is known for its wood-fired cuisine, carefully curated wine program, and modern rustic design that reflects the natural beauty of Bearspaw. The restaurant was recognized in the Calgary Readers’ Choice Awards as a 2025/26 Bronze Winner for Favourite Hidden Gem Restaurant, reflecting strong community support and its reputation within the regional dining scene. A defining feature of the property is the original artwork by acclaimed Canadian artist Trevor Duvall. His large-scale commissioned pieces have become synonymous with the space and contribute meaningful artistic and monetary value. The presence of his art adds a distinctive cultural dimension to the property. Multiple flexible dining spaces (including a 3-season room) provide opportunity for private events, celebrations, and daily service — all within a turnkey hospitality operation. This is more than a restaurant — it represents a landmark investment opportunity in one of Rocky View County’s most sought-after locations. Please contact us directly for a private viewing and full details. (id:61970)

Investment highlights

01Business

Property details

Property type: Business
Transaction: Business opportunity
Building area: 11,730 square feet
Site area: 2.41 acres
Listing brokerage: Real Broker
Listing representative: Jonathan Pendlebury
Board / association: Calgary

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Financial information

Asking price$5,450,000

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Location intelligence

254028 Bearspaw Road
Rural Rocky View County, Alberta T3L2P7

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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: 29450785
Last supplied (UTC): October 10, 2026
Listing brokerage: Real Broker
Listing representative: Jonathan Pendlebury
Board / association: Calgary

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Listing brokerage: Real Broker · Listing representative: Jonathan Pendlebury · Board/association: Calgary · Updated (UTC): Oct 10, 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