Rare opportunity to own both a thriving business and the real estate in prime downtown Calgary. This turnkey convenience store occupies a 1,335 sq ft main-floor commercial condo surrounded by high-rise residential towers and office buildings. The sale includes the operating business, all equipment, fixtures, goodwill, and the titled real estate. As the owner, you will control your space and pay zero rent. The business has a strong track record, operating for 43 years in the same location and 22 years under the current owner with consistent revenue. The property offers excellent visibility, high foot traffic, and a loyal customer base from surrounding towers. Operating hours are Monday through Saturday from 9:00 AM to 8:30 PM, giving you 52 Sundays off every year for great work-life balance. The monthly condo fee of $1,158.25 covers gas, water, and building management, leaving only electricity to pay separately. You will also enjoy the benefit of one assigned underground parking stall. In addition, the potential to add a front patio creates an exciting opportunity to convert the space into a restaurant or bakery. This is an ideal asset for an owner-operator or an investor seeking secure retail real estate.
Essential information
MLS® number
A2333681
Status
Active
Price
$729,000
Property type
Commercial
Type
Business
Transaction
For Sale
Building area
1,335 sq ft
Year built
1983
Structure
Retail
Listing brokerage
First Place Realty
Source
Pillar 9™ MLS® System
Condominium
Condo fee
$1,158
Restrictions
Board Approval
Interior
Included
The Seller will provide a full list of equipment upon request.
Exterior and construction
Zoning
DC (pre 1P2007)
Parking
Total parking
1
Community
City
Calgary
Province
AB
Postal code
T2P 0G7
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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7 photos$600,0001175, 6520 36 Street NE, Calgary
