Business For Sale · Retail

Unknown

Unknown, ON

$699,000 total

3,480 SF

Asset Class

Retail

Size

3,480 SF

Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

$201

Occupancy

85%

Year Built

1973

About this property

Excellent opportunity to own an established grocery store just over an hour drive from Calgary. This well-established business is the only grocery store in town. The store serves a loyal local customer base while also benefiting from seasonal visitors and tourists travelling to nearby Lake McGregor, a popular destination for camping and outdoor recreation. The store offers a wide selection of everyday grocery essentials, fresh produce, meats, and other popular grocery items to meet the needs of the community and surrounding areas. With an established customer base, strong market position, and potential for further growth, this is an excellent opportunity for an owner-operator or an investor looking to acquire a well-established business. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$699K
Down payment30% · $210K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$41K

Annual cash flow

$2K

Cash-on-cash

1.13%

DSCR

1.06

Going-in cap

5.88%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Vector Robotics1,267 SF2031-01
Vector Robotics1,702 SF2031-01

Area demographics

Trade area within 3 miles of the property.

Population

130,295

Households

48,986

Median income

$75,000

Median age

42.9

Daytime population

112,553

5-yr growth

9.2%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for Unknown.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.