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Renanza Realty
For sale

175 Chestermere Station Way

Chestermere, Alberta

MLS® A2321778

$149,000

Status
Active
Property type
Business
MLS® number
A2321778
Bedrooms
Bathrooms
Year built
2005

Listing description

This established dry cleaning depot and alterations business has been operating successfully since 2005. The current owner has run the business for over 15 years and is now selling to transition into retirement. Over the years, the business has secured a highly loyal and steady customer base with the advantage of no direct competition in the immediate area.

The shop is strategically situated in a busy shopping centre surrounded by high-traffic retail tenants. This prime location offers excellent visibility and generates consistent foot traffic daily. The business features simple operations that can be easily managed by a single operator.

There is great potential to increase sales by expanding the alterations services, as many current customers are actively requesting it. The total monthly rent is $3,142. 85, which includes a base rent of $32.

50 per square foot and operating costs. Utilities are billed separately. The lease has been securely renewed for a 10-year term expiring in January 2036, and it includes an additional 5-year renewal option.

This is a turnkey opportunity to acquire a stable business with low competition and simple daily management.

Property summary

MLS® number
A2321778
Property type
Business
Building type
Retail
Square footage
824 sq ft
Built in
2005
Days on market
73 days

What would this home cost you?

Based on the $149,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$693 /mo

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Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of First Place Realty, CALGARY.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.