4805 King St., Coronation, Alberta T0C 1C0

Listed for:
$750,000
0 beds
0 baths
Listed 36 days ago
4805 King St., Coronation, Alberta T0C 1C0

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About

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:27476)

Property Highlights

MLS® Number
45528892
Type
Retail
Land Size
14374.8 sqft|under 1/2 acre

Building

Square Footage
7700 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
Homes & Gardens Real Estate Limited
MLS® number:
45528892
Agent:
Jongsung Baik
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