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4601 45 Street, Castor

$475,000

About this property

Excellent opportunity to own a long-established, fully equipped restaurant serving popular Italian and Western cuisine. this 50-seat licensed facility has been successfully operating for many years and offers an established menu featuring favorites such as pizza, pasta, burgers, fish & chips, steak, and a senior menu. The sale includes the full equipment package, with a commercial kitchen that is in great working condition and ready for continued operation. the facility is equipped with walk-in freezer and coolers, air conditioning, rooftop heating and a/c, and a newer roof. Adding tremendous value is the one-bedroom apartment with a three-piece bathroom, providing convenient accommodation for an owner, operator, or manager. This is a turnkey business opportunity with an established operation, versatile menu, and extensive equipment already in place. ideal for an owner-operator looking to step into an established restaurant or an experienced restaurateur seeking a ready-to-go operation. Features include: approximately 50-seat licensed facility, Italian and western cuisine, pizza, pasta, burgers, fish & chips and senior menu, full commercial kitchen and equipment included, walk-in freezer and coolers, air conditioning, rooftop heating and a/c, new roof, one-bedroom apartment with 3-piece bathroom, kitchen equipment in great working condition, a fantastic opportunity to acquire an established restaurant operation with everything in place to continue serving the community.

Essential information

MLS® number
A2338654
Status
Active
Price
$475,000
Property type
Commercial
Type
Business
Transaction
For Sale
Restrictions
None Known
Building area
1,500 sq ft
Lot size
14,271 sq ft
Year built
1979
Structure
Flex
Listing brokerage
Sutton Landmark Realty
Source
Pillar 9™ MLS® System

Interior

Heating
Combination, Forced Air, Natural Gas
Cooling
Central Air
Included
CONTACT LISTING AGENT

Exterior and construction

Roof
Asphalt Shingle
Foundation
Poured Concrete
Zoning
C2

Parking

Total parking
20

Commercial

Business type
Food & Beverage, Restaurant

Services

Utilities
Electricity Connected, Natural Gas Connected, Garbage Collection, Phone Connected, Sewer Connected, Water Connected
Sewer
Public Sewer
Water
Public

Community

City
Castor
Province
AB
Postal code
T0C 0X0

Where it is

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

Business valuation calculator

SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.

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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The deal

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MLS® data last updated Nov 8, 2026, 12:50 a.m. (Mountain Time).

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