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:51989)
Features of 4805 King St.
- MLS® Number 45528892
- Price $798,000
- Square Footage: 7700 sqft
Buildings
| Size Interior | 7700 Sqft |
Land
| Acreage | No | Size Irregular | 14374.800000000001 |
| Size Total | 14374.8 Sqft|under 1/2 Acre | Size Total Text | 14374.8 Sqft|under 1/2 Acre |
Agents and Offices
- Jongsung Baik
- Office: Homes & Gardens Real Estate Limited