4805 King St, Coronation, Alberta, T0C1C0

Property for sale in Coronation, Alberta. Listed at $798,000.

7700 sq ft

Photos of 4805 King St, Coronation, Alberta, T0C1C0

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4805 King St, Coronation, Alberta, T0C1C0, Coronation, Alberta — photo 5 of 5

MLS® 30202982

Description

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. (id:27495)

Listing courtesy of Homes & Gardens Real Estate Limited · Jongsung Baik

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Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo

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