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MLS® 45528892 · Active

4805 King St.

Coronation, Alberta

$750,000

Source-listed price. Confirm sale or lease terms and availability.

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Property photographs

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Property details

MLS®
45528892
Status
Active
Property type
Retail
City
Coronation
Living area
7700 square feet
Listing brokerage
Homes & Gardens Real Estate Limited

About this property

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:65883)

Location

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Listing information provided through CREA DDF®. Listing courtesy of Homes & Gardens Real Estate Limited. Source attribution · REALTOR.ca

Details, measurements, price and availability may change and require verification. MLS® and REALTOR® are trademarks of the Canadian Real Estate Association.