Business For Sale · Specialty

1978 Kensington Road NW, Calgary

1978 Kensington Road NW, Calgary, AB T2N3R5

$74,999 total

951.97 SF

Asset Class

Specialty

Size

951.97 SF

Building class

C

Zoning

US — Urban Services

$ / SF

$79

Occupancy

90%

Year Built

1992

Lot Size

0.4405885056562372 ac

About this property

An excellent opportunity to acquire a fully operational vape shop in the desirable Kensington area of NW Calgary. Offered at an asking price of $75,000, this business is ideal for an entrepreneur looking to become their own boss or an existing operator seeking to expand their retail presence. Recently opened by the current owner, the shop features completed leasehold improvements, fixtures and equipment, all included in the purchase price. The business operates under a five-year lease signed in its first year, with a monthly base rent of approximately $2,300. Inventory is separate and not included in the asking price. This is an opportunity to take over a newly established retail operation with an existing setup in a sought-after NW Calgary location. Further business information, financial details and lease documentation will be made available to qualified buyers upon signing an NDA. Please do not approach staff or visit the premises to discuss the sale without prior authorization. All inquiries and showings must be arranged through the listing associate. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$75K
Down payment30% · $22K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$346

Projected NOI

$5K

Annual cash flow

$834

Cash-on-cash

3.71%

DSCR

1.20

Going-in cap

6.65%

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
Blue Harbour Design400 SF2034-10
Blue Harbour Design400 SF2034-10
Blue Harbour Design400 SF2034-10
Blue Harbour Design400 SF2034-10

Area demographics

Trade area within 3 miles of the property.

Population

135,179

Households

46,649

Median income

$137,000

Median age

36.8

Daytime population

134,680

5-yr growth

7.6%

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

Secure deal room

Confidential diligence documents for 1978 Kensington Road NW, Calgary.

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.