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301 6 Avenue, Rural Cypress County

ELKW, Rural Cypress County

$1,075,000

About this property

Life looks a little different in Elkwater. Mornings begin with fresh coffee and crisp lake air, afternoons are spent welcoming happy vacationers, and evenings end on the deck surrounded by the breathtaking beauty of the Cypress Hills. This is more than just a business opportunity — it’s the chance to create a lifestyle many people only dream about. The iconic Elkwater Fuel Stop and 12-34 Café & Pub have become a staple for both locals and visitors alike, offering one of the most recognizable gathering places in the park. Whether guests are stopping for the area’s only fuel station, grabbing ice cream after a day at the lake, picking up essentials from the fully stocked convenience store, or sitting down to enjoy great coffee and food, this business has become woven into the Elkwater experience itself. The café offers seating for approximately 30 guests indoors, while the expansive outdoor patio can host up to 175 people, creating incredible potential for live music, community events, private functions, and unforgettable summer evenings under the trees. The atmosphere is relaxed, welcoming, and impossible to replicate anywhere else. Above the commercial space sits approximately 1,100sq/ft of owner’s living quarters added in 2011, making this the ideal owner-operated business. Imagine living where others vacation — steps from the lake, surrounded by nature, and immersed in one of Alberta’s most beloved recreational communities. Spend your mornings paddleboarding or kayaking, your afternoons exploring hiking and mountain biking trails, and your winters enjoying skating, cross-country skiing, snowshoeing, and cozy evenings by the fire. Elkwater also offers camping, boating, fishing, golf nearby, playgrounds, beaches, picnic areas, and a thriving year-round tourism atmosphere that continues to attract visitors from across the province. Originally built in 1945, the property has undergone extensive renovations and upgrades throughout 2011 and 2012, bringing the buildings up to code while preserving their character and charm. Improvements include concrete block retaining walls, additional firewalls, updated furnaces, replacement concrete work, added insulation throughout, the addition of the living quarters, and much more. As outdoor recreation and lake lifestyles continue to grow in popularity, Elkwater remains one of Southern Alberta’s hidden gems thanks to its close proximity to Medicine Hat (40min drive), stunning scenery, and endless recreational opportunities. Places like this rarely come available — a successful established business, multiple revenue streams, and the chance to fully embrace "lake life" in a setting people fall in love with the moment they arrive.

Essential information

MLS® number
A2343952
Status
Active
Price
$1,075,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
4,388 sq ft
Year built
2011
Structure
Mixed Use
Listing brokerage
CIR REALTY
Source
Pillar 9™ MLS® System

Interior

Included
Please see 'Schedule A

Exterior and construction

Zoning
PP, Provincial Park

Community

Subdivision
ELKW
City
Rural Cypress County
Province
AB
Postal code
T0J 1C0

Where it is

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

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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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