4805 King St.
Coronation, Alberta
MLS® 45528892
$750,000
- Status
- Active
- Property type
- Retail
- MLS® number
- 45528892
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 10Listing 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.
Property summary
- MLS® number
- 45528892
- Property type
- Retail
- Size
- 7,700 sq ft
- Land size
- 14374.8 square feet
- Days on market
- 36 days
What would this home cost you?
Based on the $750,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Homes & Gardens Real Estate Limited, Edmonton.
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.