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6024 48 Ave
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Camrose · Business · under $225,000. Alerts only send when there are new or meaningfully updated matching homes.
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Rare opportunity to own a well-established Japanese restaurant in the vibrant community of Camrose. Ideally located along one of the city’s main commercial corridors, the business benefits from strong visibility, easy access, and ample parking for customers. Camrose has a population of approximately 20,000 and serves as a regional hub for surrounding communities, providing a steady and diverse customer base. The nearby University of Alberta Augustana Campus brings additional traffic from students and young professionals, contributing to consistent year-round business.The restaurant offers authentic Japanese cuisine including sushi, ramen, and bento dishes, and has built a loyal local following over the years. A welcoming dining atmosphere with comfortable booth seating and traditional-style dining areas enhances the overall customer experience. Affordable rent and limited direct competition in the area make this an attractive opportunity for an owner-operator or entrepreneur seeking and established restaurant with strong potential for continued growth. The new owner may continue the existing concept or introduce new menu ideas and branding. Training can be provided to ensure a smooth transition. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 15, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.