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524 Centre Street, Rosemary

$185,000

About this property

A LITTLE HISTORY, A LOT OF OPPORTUNITY! In the quiet and quaint community of Rosemary, Alberta, an exciting opportunity awaits on Centre Street! Formerly known as the "Little Teapot Cafe & Bakery", this charming property is ready for someone with a vision to breathe new life into a familiar favourite or create the next local hotspot! Situated directly across from the Rosemary RecPlex and just a short distance from Rosemary School, the location offers fantastic potential to capture local customers and the steady stream of visitors coming to town for hockey games, tournaments and community events. With an opportunity to fill a gap in Rosemary's retail and restaurant marketplace, the possibilities are worth exploring! The welcoming storefront offers space for diners to gather, friends to catch up over coffee and customers to enjoy a little something sweet. Customer washrooms are conveniently located in the front portion of the building, while directly behind you'll find a spacious commercial kitchen. Even better, the sale includes all existing equipment, inventory and supplies, giving the next owner a head start on bringing their business dreams to life! And there's more! Tucked away at the back of the building is a two-bedroom suite complete with a full bathroom, kitchen and spacious, open concept living area. Whether you're looking for a convenient place to unwind after a busy day or comfortable accommodations for guests, this additional space offers wonderful flexibility. Patio doors lead to a fenced backyard with storage space and a lovely lawn, perfect for enjoying a little fresh air. Small town charm, a recognizable location and plenty of potential! Whether your dream is to bring back the beloved bakery, open a neighbourhood coffee shop, launch a new dining experience or explore an entirely different business venture, this could be the opportunity you've been waiting for. Rosemary is ready for its next great gathering place. Could you be the one to bring it to life?

Essential information

MLS® number
A2357166
Status
Active
Price
$185,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
2,069 sq ft
Lot size
2,998 sq ft
Year built
1950
Structure
Retail
Listing brokerage
Real Estate Centre
Source
Pillar 9™ MLS® System

Interior

Heating
Baseboard, Electric, Forced Air, Natural Gas
Included
Existing Inventory, Supplies, Furniture & Equipment

Exterior and construction

Roof
Metal
Frontage
7.62M 25`0"
Zoning
B-HAM

Community

City
Rosemary
Province
AB
Postal code
T0J2W0

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, 12:30 a.m. (Mountain Time).

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