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Property Description

Welcome to The Chapel, a rare opportunity to acquire a beautifully restored historic property, an established business, a recognized brand, and an exceptional lifestyle in the heart of historic Water Valley, nestled in Alberta's stunning foothills just 45 minutes northwest of Calgary.This one-of-a-kind offering includes the iconic 1936 church, a fully renovated three-bedroom bungalow, and The Chapel Company, a successful events business renowned for intimate weddings, celebrations, and special occasions. Situated on a beautifully landscaped 0.50-acre corner lot at the main intersection of Water Valley, the property enjoys outstanding visibility and has become a true community landmark.The current owners have invested extensively in both the property and the business, revitalizing the venue while continually enhancing the guest experience. Their dedication has established The Chapel Company as a respected brand with an excellent reputation and strong community relationships.The approximately 1,511 sq. ft. church has been thoughtfully renovated while preserving its historic character. Extensive upgrades include plumbing, electrical, HVAC, roof, and exterior finishes. Inside, the venue offers beautiful ceremony and event space, two washrooms, a functional kitchenette, quality acoustic finishes, and a private bridal dressing suite.A longstanding partnership with the Water Valley Community Hall directly across the street allows for seamless hosting of larger receptions while ceremonies and smaller gatherings remain at the chapel, significantly expanding the venue's capabilities.The accompanying bungalow has also been comprehensively renovated with updated mechanical systems, plumbing, electrical, and exterior finishes. Offering approximately 1,549 sq. ft. of developed living space, it features an open-concept kitchen and dining area, inviting living room, two main-floor bedrooms and a full bath. The lower level has been designed to maximize guest accommodations and includes a beautifully finished three-piece ensuite and generous laundry area.Currently operating as a successful short-term rental, the home provides convenient accommodations for wedding guests while generating additional year-round income, or it can easily serve as an owner/operator residence.This is a true turnkey business with exceptional growth potential. The current owners intentionally operated at limited capacity while raising their young family, leaving significant opportunity for new owners to increase bookings, expand event offerings, and further grow an already successful business.Whether you're an entrepreneur, investor, or someone seeking a unique live-work opportunity, The Chapel Company offers an extraordinary combination of real estate, business, brand, and lifestyle that rarely becomes available. (id:53430)

Building

Property Type:
Commercial Mix
Building Type:
Commercial Mix
Year Built:
1976

Finished Areas

Interior Size (Total):
878 square feet
Above Grade:
878 square feet

Parking

Spaces:
20

Lot / Land

Lot Size:
0.5 acres
Frontage:
24.98 meters

Exterior

Exterior Features:
Stucco, Aluminum siding
Foundation:
Poured Concrete

Utilities & Mechanical

Heating:
Forced air, Natural gas
Electrical:
200 Amp Service
Water Source:
Well

Fees & Dates

Property Taxes:
$4,630
Tax Year:
2026
Last Modified:
07/17/2026 07:00:05 PM
Status Change:
07/17/2026 06:49:45 PM

Location

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Listing offered by: RE/MAX House of Real Estate

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