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4805 King St., Coronation, Alberta T0C 1C0

MLS® # 45528892

$750,000

Property Size 7700

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:53676)

PROPERTY FEATURES

  • MLS® Number 45528892
  • Price $750,000
  • Square Footage: 7700 sqft

Buildings

Size Interior 7700 Sqft

Land

Acreage No Size Irregular 14374.800000000001
Size Total 14374.8 Sqft|under 1/2 Acre Size Total Text 14374.8 Sqft|under 1/2 Acre

BROKERAGE

  • Office: Homes & Gardens Real Estate Limited

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