4805 King St. Coronation, Alberta T0C 1C0

7,700 ft2

$798,000

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:62617)

Property Details

MLS® Number 45528892
Property Type Retail

Building

Size Interior 7,700 Ft2

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

https://www.realtor.ca/real-estate/30202982/4805-king-st-coronation

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