REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 798,000
Est. payment /mo
Active
4805 King St. Coronation, AB T0C1C0
7,700 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 7700
Square Footage 7,700 sqft
Price per Sqft $103
MLS® Listing ID 45528892
Lot Size 0.330 Acres
Acres 14374.8
Property Description
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:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by Homes & Gardens Real Estate Limited