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$165,000 total
4,375 SF
Asset Class
Retail
Size
4,375 SF
Building class
A
Zoning
CNC — Neighbourhood Commercial
$ / SF
$38
Occupancy
98%
Presenting an exceptional opportunity to acquire Shanti Wellness Centre, a highly reputable, turnkey integrative health and wellness facility. Perfectly designed and deeply rooted in the community, this premier center has earned a prestigious reputation in Wetaskiwin and surrounding areas as the ultimate one-stop destination for total mind, body, and beauty care. Shanti Wellness Centre has built a loyal, lasting client base by offering a comprehensive suite of highly sought-after services, seamlessly blending advanced clinical wellness with essential beauty care. The business offers an extensive range of services, including therapeutic massage, premium spa treatments, medical laser treatments, specialized live blood analysis, professional nail care, precision threading, and waxing—all designed to address a variety of beauty, relaxation, and personal wellness needs. Basked in natural light, the versatile upper level offers immense potential to scale operations or introduce passive income streams. Complete with a separate banquet room, a two-piece bathroom, and generous storage, this multi-functional area provides ultimate flexibility to introduce fitness center, yoga studio, kickboxing zone, meditation sanctuary, wellness retreats and private event hosting. Shanti Wellness Centre is an outstanding investment opportunity backed by an experienced, dedicated workforce, prime location, and a trusted name synonymous with quality. With all infrastructure in place, this business is perfectly positioned for immediate operational transition and significant future growth. YOUR NEXT BUSINESS VENTURE STARTS HERE! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$762
Projected NOI
$11K
Annual cash flow
$2K
Cash-on-cash
3.62%
DSCR
1.20
Going-in cap
6.63%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Prairie Coffee Roasters | 1,702 SF | 2033-06 |
| Prairie Coffee Roasters | 1,020 SF | 2033-06 |
| Prairie Coffee Roasters | 1,552 SF | 2033-06 |
Trade area within 3 miles of the property.
Population
140,684
Households
49,542
Median income
$88,500
Median age
44.9
Daytime population
135,550
5-yr growth
1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 4527 56 Street, Wetaskiwin.
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.