$ 425,000

50 N Main Street, Hill Spring

Located in the welcoming hamlet of Hillspring, just a short drive from Waterton Park and surrounded by 4 popular camping destinations, this versatile commercial property offers exceptional opportunity in a community ready for growth.Currently operating as the Ranch House Restaurant and convenience store, this building has been successfully run year-round for the past 3 years. The Business has a license to serve alcohol. While the business itself is not advertised in the sale, it can be sold with the building at no extra cost. The cost to build this building is more then the asking price, and the property is advertised based on that building value and its potential. The Seller is not putting the value of the business in the asking price. He is trying to sell the building. The property can be purchased fully equipped for continued restaurant use, or the equipment can be removed to suit your vision.With no existing gas station or competing food services in the area, Hillspring presents a unique gap in the market. The seller is also open to offering the adjacent lot at an attractive price—ideal for a future gas station, with interest already expressed by fuel wholesalers.Whether you’re looking to establish a restaurant, retail space, or develop residential units or vacation rentals, this property offers flexibility and strong potential. Priced below replacement cost, it’s a rare chance to invest in a growing rural community with untapped demand.Great opportunities awaits in Hillspring. (id:1945)
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Property details for 50 N Main Street, Hill Spring

Type
Commercial
Living Area
4,096 square feet
Annual Taxes
$12,000 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 50 N Main Street

Active Listings
3
Min Price
$425,000
Max Price
$850,000
Avg Price
$664,967
Days on Market
114
days
Sold Listings
1
Min Sold Price
$1,300,000
Max Sold Price
$1,300,000
Avg Sold Price
$1,300,000
Days until Sold
317
days

Price History

Listed
September 4, 2026
by SUTTON GROUP - LETHBRIDGE
Current Price
$425,000
-34.6% from last change
Type
Commercial
For Sale
Price Changes
1
Date Price Change
Current $425,000 $225,000 (-34.6%)
Mar 23, 2026 $650,000 Listed

Contact Agent Get in touch about 50 N Main Street, Hill Spring

TOBIN WOOD
TOBIN WOOD
SUTTON GROUP - LETHBRIDGE

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Comparison of 50 N Main Street, Hill Spring, AB with Nearby Commercial Listings