4810 50 Avenue, Valleyview
A grand income property with unlimited potential and pure Olde Country charm! Discover a rare, multi-stream revenue generator designed for the visionary entrepreneur. The main building was built in 2005 but has a timeless Bavarian identity. This unique commercial property perfectly blends stable residential income with a commercial business opportunity which has been assembled and is truly ready to go. With its exceptional location along 50th Avenue, it has long been a feature property within the heart of the downtown area within the Town of Valleyview. The property additionally features so many benefits including a 912 sq.ft. detached residence which means you can live where you work or you can continue to use it as another source of income. The potential for revenue generation doesn’t end with the buildings. A mini-golf course was developed on one of the three lots, and the other lot is vacant and could be used for business expansion, redevelopment or resale. This property offers multiple income streams, including rental income available from day one. You could then expand and bring back to life the iconic Bavarian themed restaurant, or you could completely reinvent the property to match your creative vision. Whatever you decide bring your imagination and create a new future for this completely unique and landmark property today! (id:1945)
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Property details for 4810 50 Avenue, Valleyview
- Type
- Commercial
- Living Area
- 5,838 square feet
- Lot Size
- 33080.00
- Heating
- Forced air, In Floor Heating, Natural gas
- Ownership
- Freehold
- Annual Taxes
- $7,077 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 4810 50 Avenue
Active Listings
18
Min Price
$29,900
Max Price
$1,950,000
Avg Price
$401,600
Days on Market
285
days
Sold Listings
4
Min Sold Price
$15,900
Max Sold Price
$699,000
Avg Sold Price
$353,350
Days until Sold
51
days
Neighbourhood Census Data
Valleyview, Alberta
Population
475
Median Age
36.1
Median Income
$31,744
Dwelling Value
$149,736
Housing Tenure
Owners 46%
Renters 54%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.4
Pop. Density: 79.3/km²
Avg Shelter Cost: $736/mo
Owners with Mortgage: 50%
Owners Spending 30%+: 17.6%
Tenants Spending 30%+: 23.8%
English only: 97.8%
English and French: 2.2%
Median Household Income: $67,712
Median Employment Income: $31,296
Price History
Listed
May 30, 2026
by Royal LePage Redwillo Realty
Current Price
$995,000
Type
Commercial
For Sale
