The city has sold the Eamon's service station to a car enthusiasts group which plans to move the building to High River and restore it as a museum.

The city moved the 1950s landmark from its site on Crowchild Trail three years ago to make way for the park-and-ride lot for the Tuscany LRT station.

The original Art Moderne-style neon sign was preserved and now stands at the entrance to the lot.

The city put the building into storage in the hope of finding a tenant or a buyer for it.

Coun. Ward Sutherland says he's glad a deal has finally been struck to find a new use for Eamon's.

"It was agreement just to pay for the moving and utilize the building in an effective way where people could see it and it be used," he said.

"So it's costing us so much money at this point, at the end this just creates the closure because the agreement was it either gets sold, demolished or work out a deal where it's not going to cost us more taxpayer dollars."

In its heyday in the 1950s, Eamon's Bungalow Camp featured cabins, a restaurant and a gas and service station for people driving the old highway between Calgary and Banff.

The city spent $230,000 to buy and store the building.

The sale price has not been disclosed.