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5015 50 Avenue, Whitecourt

$2,200,000

About this property

This turn-key pub, brewery, and commercial property offers an established business model with high-capacity facilities built for growth. Converted from a former automotive service center, the venue integrates a unique themed design with a functional layout tailored for community events, private groups, and high-volume dining. The main building is equipped with in-floor heating alongside rooftop HVAC units sized for large crowds, and it features several recent structural and equipment upgrades. On-site infrastructure includes a fenced parking lot with perimeter security on three sides, plus dedicated rear access that accommodates delivery trucks and overflow parking. The outdoor patio serves as an active seasonal draw, adding significant seating capacity for summer gatherings. Operationally, the property houses a fully installed brewing system scheduled to begin supply for on-site taps and regional liquor store distribution. A complete staff remains in place, including a licensed brewmaster, an operations manager, and a full kitchen team. With over a year of operating history, the business maintains steady growth across its food, beverage, and event revenue streams.

Essential information

MLS® number
A2354409
Status
Active
Price
$2,200,000
Property type
Commercial
Type
Business
Transaction
For Sale
Restrictions
None Known
Building area
7,300 sq ft
Year built
2008
Structure
Mixed Use
Listing brokerage
ROYAL LEPAGE MODERN REALTY
Source
Pillar 9™ MLS® System

Interior

Heating
Boiler, Fan Coil, Natural Gas
Cooling
Central Air
Included
Business and equipment included. List to be provided (some kitchen equipment on a lease).

Exterior and construction

Roof
Asphalt/Gravel
Zoning
C1

Community

City
Whitecourt
Province
AB
Postal code
T7S 1V4

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, 1:10 a.m. (Mountain Time).

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