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$ 799,000
Est. payment | /mo
5,556 SqFt
$ 799,000
Est. payment | /mo
5,556 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,556 sqft
Price per Sqft $143
Subdivision Sedgewick
MLS Listing ID A2284211
Year Built 1972
Property Sub-Type Retail
Property Description
Well-established convenience store and gas bar located along Highway 13 in East Central Alberta,approximately two hours from Edmonton. The business generates approximately $1,326,000 in annual revenue (excluding lotto) and $347,000 in gross income,with a balanced revenue mix of 55% fuel sales and 45% convenience store sales,providing stable and diversified income.
The property has undergone recent renovations totaling approximately $300,000,minimizing near-term capital requirements. It features a fully equipped commercial kitchen with no usage restrictions,offering excellent flexibility and strong potential for food service expansion.
Additional highlights include above-ground fuel tanks and a long-term fuel supply contract with DOMO extending to 2034,ensuring operational stability. The property sits on a large lot with future expansion potential and includes owner's living quarters as well as a separate manager's suite.
The business does not currently sell lottery,but adding it could help increase revenue.
Chattels include all essential operating equipment.
Please do not approach staff. All inquiries must be directed to the listing agent.
The property has undergone recent renovations totaling approximately $300,000,minimizing near-term capital requirements. It features a fully equipped commercial kitchen with no usage restrictions,offering excellent flexibility and strong potential for food service expansion.
Additional highlights include above-ground fuel tanks and a long-term fuel supply contract with DOMO extending to 2034,ensuring operational stability. The property sits on a large lot with future expansion potential and includes owner's living quarters as well as a separate manager's suite.
The business does not currently sell lottery,but adding it could help increase revenue.
Chattels include all essential operating equipment.
Please do not approach staff. All inquiries must be directed to the listing agent.
Location
Province AB
Zoning Commercial
Interior
Heating Forced Air, Natural Gas
Inclusions Please see the equipment list in the supplement.
Fireplace No
Exterior
Roof Type Metal
Garage No
Building
Dwelling Type Retail
Foundation Poured Concrete
Others
Restrictions None Known
Listed by RE/MAX Complete Realty
LOCATION AND OTHER NEARBY PROPERTIES
REVIEWS
Michael Rand
I am a Alberta certified home inspector for a top home inspection company and have had the pleasure to work with Virin on a few occasions, his professional attitude and knowledge of the space is exceptional and should be a bar set by all realtors to match. It was a pleasure and I look forward to a long professional relationship with him and his company in the future. Thanks for being so professional and prompt with all requests.
Grace Logura
Viren is the Real Estate in Calgary, I would like to say he's very good person, he understood client, when making their choice on what they like or not, He's he's patient, and kind, if I know someone who went to buy house, i will recommend him.
keith mascarenhas
If you are looking for someone to help you with your real estate needs in Calgary look no further than Viren Vijayashankar. With his affable style and genuine care to meet your requiremnts he offers the best advice backed by years of fine tuned expertise. He helped us with some difficult remote decision making and look forward to working with him in the future.
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