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5021 50 Street, Innisfail

ILDI, Innisfail

$729,000

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5021 50 Street, Innisfail

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About this property

Located within the vibrant heart of Downtown Innisfail, this exceptional opportunity presents itself as a fully licensed Chinese/Vietnamese & Western Restaurant Property and Business for Sale. Offering over 100 seats, complete with four VLT machines and a stylish Bar/Lounge area, this retail structure is primed to welcome patrons and generate significant revenue. Beyond the dining space, thoughtfully designed Living accommodation provides comfortable living for Owners, ensuring ease and convenience in managing this thriving establishment. A full commercial kitchen is integral to the operation, equipped with all kitchen equipment, ready to support diverse culinary ambitions. With two dedicated parking spaces available, accessibility for staff and customers is well addressed, while the comprehensive suite of kitchen equipment guarantees immediate operational readiness. This unique proposition encompasses both the physical structure and the established business, presenting a compelling investment for those seeking a turn key Restaurant Property within a flourishing locale.

Essential information

MLS® number
A2354032
Status
Active
Price
$729,000
Property type
Commercial
Type
Business
Transaction
For Sale
Restrictions
None Known
Building area
5,600 sq ft
Year built
1988
Structure
Retail
Listing brokerage
Grand Realty
Source
Pillar 9™ MLS® System

Interior

Included
Restaurant Business and Equipment

Exterior and construction

Zoning
CB

Parking

Total parking
2

Commercial

Business type
Restaurant

Community

Subdivision
ILDI
City
Innisfail
Province
AB
Postal code
T4G 1S8

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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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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