Extremely well-built strip mall located in the welcoming community of Bassano, Southern Alberta. The property features four bays in total, including Armando’s Restaurant, a fully equipped restaurant and bar, one occupied thrift store, and two vacant bays, offering excellent flexibility for future leasing or owner use.
This is a rare opportunity to purchase the land, building, and established restaurant business, all in one transaction. The restaurant and pub have been meticulously maintained and cared for with clear pride of ownership, reflecting the attention to detail of an owner-operator. The vacant bays have intentionally been left unleased, allowing a new owner the freedom to determine tenant mix or alternative uses.
Ample on-site parking and solid construction further enhance the long-term value of this investment in a stable Southern Alberta town.
Essential information
MLS® number
A2274897
Status
Active
Price
$899,900
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
13,882 sq ft
Year built
1977
Structure
Retail
Listing brokerage
RE/MAX First
Source
Pillar 9™ MLS® System
Interior
Included
To be mutually agreed upon by the parties at the time of sale and incorporated into the Offer to Purchase as Schedule “B”.
Exterior and construction
Zoning
1
Community
City
Bassano
Province
AB
Postal code
T0J 0B0
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Cap rate, cash flow and the coverage ratio a commercial lender will look at first.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.
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29 photos$875,0004511 Imperial Road, Olds
