TWO COMMERCIAL LOTS. MOVE-IN-READY SPACE. ROOM TO GROW!
A well-maintained 1,681 sq. ft. commercial building offering exceptional versatility and room to grow. Situated on two C2-zoned lots totaling approximately 14,000 sq. ft., the property provides generous parking and outdoor space. Approved for mixed use – Residential and Commercial, this property offers added flexibility for an owner-operator, investor or business looking to combine residential and commercial use.
Built in 2003, the move-in-ready building features a functional and versatile layout suitable for a wide range of permitted commercial uses. The main level includes a large open studio area, five private treatment rooms or offices, a fully equipped kitchen and two three-piece bathrooms. The basement offers additional utility and future potential, including roughed-in plumbing for a third bathroom, laundry hookups, a dedicated furnace room with a fire-rated door, commercial-rated beams and a sewer backflow valve.
The property is well suited for professional offices, health and wellness services, personal services, training or educational uses, studio space, or other businesses permitted under C2 zoning. The approved mixed-use designation adds an additional layer of functionality, making it possible to work and live in one location. This property that can work for your business today and adapt to your needs well into the future.
well into the future.
Essential information
MLS® number
A2338973
Status
Active
Price
$635,000
Property type
Commercial
Type
Business
Transaction
For Sale
Restrictions
None Known
Building area
1,681 sq ft
Lot size
14,000 sq ft
Year built
2003
Structure
Low Rise (2-4 stories)
Listing brokerage
CENTURY 21 TWIN REALTY
Source
Pillar 9™ MLS® System
Interior
Heating
Floor Furnace, Forced Air, Natural Gas
Included
Refrigerator, Stove, Built In Dishwasher, Window Blinds
Exterior and construction
Construction
Aluminum Siding , Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete
Zoning
C2
Services
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Fiber Optics Available, High Speed Internet Available, Sewer Connected, Water Connected
Sewer
Public Sewer
Water
Public
Community
City
Edson
Province
AB
Postal code
T7E 1C2
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.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
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EBITDA—
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Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%
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$599,90028 Cabernet Crescent, Calgary
