Listing Details

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Courtesy of Homes & Gardens Real Estate Limited.
Data was last updated 2025-06-25 at 20:18:11 GMT

King St   Coronation, Alberta

$798,000
MLS®: 45528892
BUSINESS, COMMERCIAL PROPERTY & RESIDENCE IN CORONATION, AB! Established convenience store and bakery business with commercial real estate, operated by the current owner since 2016. The property includes a second-floor 4-bedroom, 2-bathroom residential suite with kitchen, living and family rooms, offering convenient on-site living for an owner-operator.Revenue reported in the Financial Statements was $1,485,575 in 2024 and $1,243,076 in 2025, with gross margin improving from approximately 21.7% to 23.8%. The business is currently operated on a semi-absentee basis with six part-time employees.Additional space formerly used as a liquor store is currently used for storage, providing an opportunity to explore the potential reintroduction of liquor sales, subject to applicable licensing and approvals. Bakery equipment is included. Inventory is additional. Seller plans to retire following the sale.

BUSINESS, COMMERCIAL PROPERTY & RESIDENCE IN CORONATION, AB! Established convenience store and bakery business with commercial real estate, operated by the current owner since 2016. The property includes a second-floor 4-bedroom, 2-bathroom residential suite with kitchen, living and family rooms, offering convenient on-site living for an owner-operator.Revenue reported in the Financial Statements was $1,485,575 in 2024 and $1,243,076 in 2025, with gross margin improving from approximately 21.7% to 23.8%. The business is currently operated on a semi-absentee basis with six part-time employees.Additional space formerly used as a liquor store is currently used for storage, providing an opportunity to explore the potential reintroduction of liquor sales, subject to applicable licensing and approvals. Bakery equipment is included. Inventory is additional. Seller plans to retire following the sale.

Listing Information

Prop. Type:
Commercial Sale
Status:
Active
City:
Coronation
MLS® Number:
45528892
Area:
Edmonton
Province:
Alberta
Listing Price:
$798,000

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This property is listed by Homes & Gardens Real Estate Limited and provided here courtesy of Ashley Agent. For more information or to schedule a viewing please contact Ashley Agent.
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.