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$750,000

0 Beds 0 Baths 7,700 SQFT 14374.80 Acres
Type: Commercial

4805 King St.
Coronation, AB T0C1C0

MLS#: 45528892
Sonia Martinho
Sonia Martinho
Condo Digs
Sales Representative
Phone: 416.671.5367
Office: 416.203.6636
Presented by: Homes & Gardens Real Estate Limited

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:7434)


 

Interior Features

Other Interior Features

Building Fireplace PresentFalse
Living Area Range7,700 sqft

General

Property TypeRetail

Additional Details

  

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