This 1,220 sq. ft. commercial building is ideally situated just off Main Street, providing excellent visibility to local residents, tourists, and traffic en route to Slave Lake or Fort McMurray. The building is currently leased (triple net) to an anchor tenant on a 5-year term, with 2 years remaining and an option for renewal. The main level features an open retail space, offices, a staff room, and a full bathroom. Additionally, there is a full basement and an extension built at the back entrance connecting to the garage/warehouse space. The garage measures 26' x 32' and includes a large overhead door that opens to the back parking area and alley, facilitating easy deliveries. The property offers parking for up to 5 vehicles at the back, with additional Main Street parking available for customers. The current lease agreement does not grant the tenant use of the garage, presenting an opportunity to sublet that space or retain it for personal use while leasing the building. This property represents a great rental investment opportunity.
Essential information
MLS® number
A2290203
Status
Active
Price
$254,900
Property type
Commercial
Type
Business
Transaction
For Sale
Restrictions
None Known
Building area
1,224 sq ft
Lot size
6,000 sq ft
Year built
1980
Structure
Retail
Listing brokerage
Royal LePage Premier Real Estate
Source
Pillar 9™ MLS® System
Interior
Heating
Floor Furnace
Exterior and construction
Roof
Asphalt Shingle
Foundation
Poured Concrete
Frontage
15.24M 50`0"
Zoning
C1
Parking
Total parking
5
Community
City
Athabasca
Province
AB
Postal code
T9S 1C8
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Business valuation calculator
SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.
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4 photos$249,900123 Liquor Store SE, Calgary
