Water Valley Cafe and Restaurant for lease. Rent $12 sq ft Operating costs $4 per sq ft making it $2,200 per month gets you a 1600 Sq. Ft. Restaurant space with an outside deck patio available in the Hamlet of Water Valley which has a surrounding population of about 1800 people. Restaurant has a walk in Cooler, a walk in Freezer and a 7 Ft. Canopy, you would need to bring in whatever else you need. Water Valley is located about 25 minutes North of Cochrane or about an hour from Calgary. Bring your skills and ideas and build a great family business. Situated amongst the Foothills of the Canadian Rockies close to Winchell Lake, the Little Red Deer River and the Water Valley Golf Course and many great camp sites, makes this a thriving little community. This location is vacant so you can get get up and running right away.