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4907 Hankin Street, Thorsby

$299,000

About this property

Great opportunity to own an established liquor business and property in the heart of downtown Thorsby. This approximately 3,190 sq. ft. operation offers a wide selection of beer, wine, and spirits, with strong summer traffic and convenient access to Pigeon Lake and nearby campgrounds. Features include a large walk-in cooler, updated security system, flexible operating hours, and a safe, convenient location. Excellent potential to grow the business and capitalize on increased seasonal sales. The current owner is retiring, presenting a great opportunity for a new owner to take over an established operation and build on its success.

Essential information

MLS® number
A2341014
Status
Active
Price
$299,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
3,190 sq ft
Year built
1959
Structure
Mixed Use
Listing brokerage
Maxwell Polaris
Source
Pillar 9™ MLS® System

Exterior and construction

Zoning
C1

Community

City
Thorsby
Province
AB
Postal code
T0C 2P0

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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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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The deal

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MLS® data last updated Nov 8, 2026, 12:50 a.m. (Mountain Time).

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