54500 Rge Rd 275 - Retail FOR SALE


Calahoo, AB T8R 1Z1
$999,000 CAD
587-410-6083
54500 Rge Rd 275, Calahoo, AB for Sale
$999,000 CAD
Retail - FOR SALE
1/14
null | 8.8% Cap Rate

54500 Rge Rd 275
Calahoo, AB T8R 1Z1


OVERVIEW

Exceptional Find: Profitable Convenience & Liquor store, Lotto, Deli & More! Excellent opportunity for owner-operators with potential for growth a savvy investor will appreciate! Real Estate included in sale: • 2,477 SF (+/-) stand-alone air-conditioned retail building partially renovated in 2024 • 1,500 SF (+/-) 33x50 ft heated shop with large sump & 2 grade-level loading doors (13'hx11'11"w & 7'hx8'11"w) • 0.34 Acre (+/-) lot with 100 FT fronting RR 275 just south of Hi-way 37 Liquor License is transferable with AGLC approval. Potential additional revenue streams include: • Cannabis Dispensary (2nd address required; repurpose shop / reno existing retail) • Lease Shop / Consider C2 zoning uses to diversify / increase income Sturgeon County & "private industry" continue to invest in the area. Highway 37, aggregate & resource extraction, agriculture, Villeneuve / Airport, proximity to Edmonton, Spruce Grove, Stony Plain, Morinville = a much bigger economic catchment beyond the hamlet. Contact the lister for more information. NDA required for financial info.

FOR SALE DETAILS

PRICE

$999,000 CAD

PRICE/SF

$251 CAD /SF

CAP RATE

8.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Calahoo General Store

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,902 SF

ZONING

C2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

John FraserMaxWell Challenge RealtyMore Info
587-410-6083

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John FraserMaxWell Challenge RealtyMore Info
587-410-6083

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.