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Business For Sale · Specialty

5039 50 Street, Hardisty

5039 50 Street, Hardisty, AB T0B1V0

$525,000 total

5,000 SF

Asset Class

Specialty

Size

5,000 SF

Building class

A

Zoning

DC2 — Site Specific

$ / SF

$105

Occupancy

97%

Year Built

1970

About this property

Here’s your chance to own the only grocery store in Hardisty, Alberta! This business has operated for well over 50 years. Offering strong annual sales and provides an essential service to the local community. Ideally located on Main Street, the store operates from a well-maintained building and includes the fixtures and equipment needed to operate your business. The business and fixtures are for sale; the building is not included, and a separate lease is required. An added bonus is the fitness center located in the same building. The two businesses will be sold together. All fitness equipment is included in the sale. Upstairs could easily be converted to a mangers suite.A unique opportunity to own an established business with an important place in the community! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$525K
Down payment30% · $158K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$40K

Annual cash flow

$11K

Cash-on-cash

7.08%

DSCR

1.38

Going-in cap

7.67%

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
Halcyon Wealth Partners4,870 SF2031-11

Area demographics

Trade area within 3 miles of the property.

Population

146,985

Households

55,226

Median income

$102,000

Median age

32.4

Daytime population

218,236

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for 5039 50 Street, Hardisty.

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.