#110, 129 Leva Avenue, Rural Red Deer County, Alberta

$110,000

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About #110, 129 Leva Avenue

An exceptional opportunity to acquire the only bubble tea shop in Alberta with drive-thru service, located in the vibrant Gasoline Alley corridor. Spanning 1,492 sq. ft., this fully built-out space is designed for seamless dine-in and drive-thru operations, surrounded by a strong mix of national and local businesses that generate steady traffic to the area. The lease is secured until May 2028 with an option to renew, offering long-term stability. Current rent is approximately $6,290 per month with January free, plus an annual rebate from Sunreal Properties, the property management company, ranging between $2,000 and $3,000 each March. A low 3% royalty on sales keeps operating costs attractive, and nearly all equipment and fixtures are included in the sale, with the exception of a countertop fridge and small pizza oven belonging to the vendor. This is an assignment of lease and sale of business only—no real property included. With no other drive-thru bubble tea competitors in Alberta, this business is uniquely positioned for growth and continued success, making it an excellent investment for an owner-operator or savvy investor. Please do not approach staff or visit the business without scheduling an appointment. NDA required for further information.

Features of #110, 129 Leva Avenue

MLS® # A2254590
Price $110,000
Bathrooms 0.00
Acres 0.00
Type Commercial
Sub-Type Retail
Status Active

Community Information

Address #110, 129 Leva Avenue
Subdivision Gasoline Alley
City Rural Red Deer County
County Red Deer County
Province Alberta
Postal Code T4E 1B9

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed September 5th, 2025
Days on Market 4
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeTREC The Real Estate Company

Listing Map