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4926 50 Avenue, Vermilion

$115,000

About this property

A major price adjustment makes this an excellent opportunity to own a turn-key commercial building in downtown Vermilion! Offering nearly 1,500 sq. ft. of versatile space, this property is ready for its’ next business venture. Most recently operated as a bakery and bistro, the space is well suited for a restaurant, café, bakery, deli, retail shop, office, or other commercial use. The layout includes customer seating for approximately 40, a commercial kitchen and wash station, and a walk-in cooler, with the option to include the present restaurant equipment. Located right on Vermilion’s Main Street, the property offers excellent visibility and convenient access in the heart of the downtown business district. With the substantially reduced price, this is a great opportunity for an entrepreneur or investor to secure a well-equipped commercial property and bring their business vision to life. Vermilion is an active agricultural community located along Highway 16 and is home to Lakeland College.

Essential information

MLS® number
A2330580
Status
Active
Price
$115,000
Property type
Commercial
Type
Retail
Transaction
For Sale
Restrictions
None Known
Building area
1,492 sq ft
Lot size
3,600 sq ft
Year built
1933
Structure
Mixed Use
Listing brokerage
RE/MAX PRAIRIE REALTY
Source
Pillar 9™ MLS® System

Interior

Heating
Forced Air, Natural Gas
Cooling
Central Air
Included
TBD

Exterior and construction

Roof
Asphalt, Metal
Foundation
Other
Frontage
9.14M 30`0"
Zoning
CB

Commercial

Business type
Restaurant

Community

City
Vermilion
Province
AB
Postal code
T9X 1A4

Where it is

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Approximate location, plotted from the listing’s own coordinates.

Investment calculator

Cap rate, cash flow and the coverage ratio a commercial lender will look at first.

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The purchase

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The building

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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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MLS® data last updated Nov 8, 2026, 1:10 a.m. (Mountain Time).

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