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Alberta Commercial Real Estate & Business For Sale

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125 Leva Avenue
Gasoline Alley Rural Red Deer County T4E 1B2

$3,500,000
Commercial

Main Photo: 125 Leva Avenue in Rural Red Deer County: Gasoline Alley Business for sale : MLS®# A2328301
Photo 1: 125 Leva Avenue in Rural Red Deer County: Gasoline Alley Business for sale : MLS®# A2328301
Photo 2: 125 Leva Avenue in Rural Red Deer County: Gasoline Alley Business for sale : MLS®# A2328301
Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2328301
Build. Type:
Commercial Mix
Glenn's Restaurant ~ A Family Tradition Since 1986. An Iconic landmark in Red Deer County’s renowned and ever expanding Gasoline Alley. Ever notice the large Tea Pot? Glenn’s restaurant and gift shop, (2 separate buildings) situated on 1.39 Acres of prime commercial land, is now available for sale. Invaluable exposure along Highway 2, on the south side of Red Deer. Own a piece of history while operating your own restaurant and gift shop. The restaurant comfortably seats 165 guests and features a proven, long standing menu that has built a loyal customer base over the years. Both the restaurant and gift shop offer an extensive selection of specialty teas and unique giftware, creating multiple revenue opportunities. Whether you’re an experienced restaurateur, entrepreneur, or investor, this is a rare chance to acquire highly desirable property in a premier location.
Property Type:
Commercial
Property Sub Type:
Business
Transaction Type:
For Sale
Possession:
Possession Date:
Building Type:
Commercial Mix, Free-Standing
Business Type:
Gift Shop, Restaurant
Total Building Area:
9,477 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
1.39 acre(s)
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Year built:
1986 (Age: 40)
Bathrooms:
- (Full:-, Half:-)
Plan:
9420971
Structure Type:
Retail
Ensuite:
No
Garage:
No
Gasoline Alley
All Restaurant Business related Equipment & Fixtures
None Known, Phone Listing Broker
Num. of Parcels:
0
Nearest Town:
Red Deer
Region:
Red Deer County
Zoning:
C3 Highway Commercial
Listed Date:
Jul 15, 2026
Days on Mkt:
  • Photo 1: 125 Leva Avenue in Rural Red Deer County: Gasoline Alley Business for sale : MLS®# A2328301
    Photo 1 of 2
  • Photo 2: 125 Leva Avenue in Rural Red Deer County: Gasoline Alley Business for sale : MLS®# A2328301
    Photo 2 of 2
Larger map options:
Listed by Maxwell Real Estate Solutions Ltd.
Data was last updated July 17, 2026 at 08:05 PM (UTC)

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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