$ 2,995,000

402 Centre Street Se, High River

Here is an opportunity to take over a well established bar and grill in the growing community of High River. Sally’s Bar & Grill has built its business around a comfortable, casual atmosphere, traditional pub style food, cold drinks and regular entertainment that keeps customers coming back.Located on Centre Street SE, the business benefits from a visible and easily accessible location and serves a mix of local regulars, surrounding rural customers and visitors to the High River area.The restaurant and bar offers an established food and beverage operation with a familiar neighbourhood pub atmosphere. Regular entertainment including karaoke, live music and special event nights gives the business additional reasons to bring customers through the doors beyond the traditional lunch and dinner business.A significant feature of this operation is its 14 VLTs, which provide an additional and established revenue stream to the business. The VLT operation generates strong cash flow and complements the food, beverage and entertainment sides of the business, giving a purchaser multiple sources of revenue within one established operation.This is the type of business that gives a new owner several directions to take it. Continue operating Sally’s and build on the existing customer base, local recognition and established revenue streams, or bring your own ideas, marketing and operating style to the location.For an owner/operator looking for an established restaurant and bar outside Calgary, this is a solid opportunity to step into an existing operation in a strong Southern Alberta community.High River recorded a population of more than 14,300 in the 2021 Census and also serves as an important commercial and service centre for the surrounding Foothills region. Foothills County recorded a population of more than 23,000 and includes a large rural trading area made up of nearby communities, acreages, agricultural operations and country residential properties.High River’s location approximately 30 minutes south of Calgary’s southern city limits also gives the community strong regional access, while continued residential, commercial and employment growth throughout the Foothills area supports the long term potential of the local market.A solid opportunity to acquire an established hospitality business with an existing customer base, recognizable local presence, multiple revenue streams and access to a trading area that extends well beyond the Town of High River itself.Contact your agent for additional information and details on the business. (id:1945)
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Property details for 402 Centre Street Se, High River

Type
Commercial
Living Area
5,500 square feet
Annual Taxes
$14,859 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 402 Centre Street Se

Active Listings
43
Min Price
$149,900
Max Price
$3,750,000
Avg Price
$688,777
Days on Market
59
days
Sold Listings
31
Min Sold Price
$79,000
Max Sold Price
$1,124,900
Avg Sold Price
$561,597
Days until Sold
46
days

Neighbourhood Census Data

High River, Alberta

Population
335
Median Age
39.7
Median Income
$35,328
Dwelling Value
$259,690

Housing Tenure

Owners 41%
Renters 59%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.2
Pop. Density: 1,353.0/km²
Avg Shelter Cost: $1,040/mo
Owners with Mortgage: 66.7%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 47.1%
English only: 94%
English and French: 4.5%
Neither: 1.5%
Median Household Income: $65,280
Median Employment Income: $35,456

Price History

Listed
September 30, 2026
by CIR Realty
Current Price
$2,995,000
Type
Commercial
For Sale
402 Centre Street Se

Contact Agent Get in touch about 402 Centre Street Se, High River

Rob Campbell
Rob Campbell
CIR Realty

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