$ 3,500,000

125 Leva Avenue, Rural Red Deer County

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. (id:1945)
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Property details for 125 Leva Avenue, Rural Red Deer County

Type
Commercial
Living Area
9,477 square feet
Lot Size
1.39
Annual Taxes
$47,888 (2026)

Nearby Listings Stat

Estimated price and comparable properties near 125 Leva Avenue

Active Listings
26
Min Price
$80,000
Max Price
$3,500,000
Avg Price
$1,065,498
Days on Market
160
days
Sold Listings
4
Min Sold Price
$32,500
Max Sold Price
$850,000
Avg Sold Price
$488,100
Days until Sold
63
days

Neighbourhood Census Data

Red Deer County, Alberta

Population
387
Median Age
45.4
Median Income
$44,160
Dwelling Value
$851,856

Housing Tenure

Owners 73%
Renters 27%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.6
Pop. Density: 10.7/km²
Avg Shelter Cost: $1,972/mo
Owners with Mortgage: 60%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 0%
English only: 97.4%
English and French: 2.6%
Median Household Income: $105,472
Median Employment Income: $34,688

Price History

Listed
July 15, 2026
by Maxwell Real Estate Solutions Ltd.
Current Price
$3,500,000
Type
Commercial
For Sale
125 Leva Avenue

Contact Agent Get in touch about 125 Leva Avenue, Rural Red Deer County

Ed Katchur
Ed Katchur
Maxwell Real Estate Solutions Ltd.

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Comparison of 125 Leva Avenue, Rural Red Deer County, AB with Nearby Commercial Listings