Property
Type, style and structure
- Type
- commercial
- Style
- retail / Retail
14,375 sqft
Lot
Property Snapshot
Key details for this listing
MLS #45528892
Lot
Land, frontage and setting
- Lot
- 14,375 sqft - 14374.800000000001
Costs
Price, taxes and monthly charges
- List Price
- $750,000
- Days on Market
- 59
About This Property
This retail in Coronation offers a 14,375 sqft lot. The property has lot dimensions of 14374.800000000001.
MLS Remarks
BUSINESS, COMMERCIAL PROPERTY & RESIDENCE IN CORONATION, AB! Established convenience store and bakery business with commercial real estate, operated by the current owner since 2016. The property includes a second-floor 4-bedroom, 2-bathroom residential suite with kitchen, living and family rooms, offering convenient on-site living for an owner-operator.Revenue reported in the Financial Statements was $1,485,575 in 2024 and $1,243,076 in 2025, with gross margin improving from approximately 21.7% to 23.8%. The business is currently operated on a semi-absentee basis with six part-time employees.Additional space formerly used as a liquor store is currently used for storage, providing an opportunity to explore the potential reintroduction of liquor sales, subject to applicable licensing and approvals. Bakery equipment is included. Inventory is additional. Seller plans to retire following the sale. (id:60351)
Full Listing Details
Address4805 King St.
MLS#45528892
Listing StatusActive
Property TypeCommercial
Sub-TypeRetail
TransactionSale
Days on Market59
StyleRetail
Living Area7,700 sqft
CityCoronation
ProvinceAlberta
Postal CodeT0C1C0
Lot Size14,375 sqft
Lot Dimensions14374.800000000001
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