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Rob Campbell - RE/MAX Real Estate (Central) : Blog : Latest Blog Posts

October 22, 2021
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Liquor Stores

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Main Photo: 000 000: Edmonton Retail for sale : MLS®# A1148293
Status:
Active
Prop. Type:
Commercial
MLS® Num:
A1148293
More social restrictions result in more liquor sales as consumers are drinking at home. This investment returns 10%+. With seller financing of 2/3, the investor's cash on cash return is 3 x 10%. Easy to operate. Established in a high traffic area. Property is included, meaning no more paying rent to the landlord, and you build equity and have a property to sell when you exit or retire. Good business model, calling all experienced business people. This deal won't last, please make sure you have at least $300k cash to qualify. inventory about $200k extra. 3400sf commercial condo, in Downtown Edmonton. Highrise residential commercial mixed-use building with 200+ units, concourse level with LRT station, high foot traffic pedway access. The sale margin is 32%. Price includes retail condo, assessed at $570k. No rent payment, you own the real estate property. The owner retired after many years of profitable business, an excellent opportunity to get into the liquor business.
Property Type:
Commercial
Property Sub Type:
Retail
Transaction Type:
For Sale
Possession:
Negotiable
Business Type:
Liquor Store
Total Building Area:
3,412 sq. ft.
Taxes:
Tax Assessed Value:
Year built:
1968 (Age: 53)
Bedrooms Below Grade:
0
Bathrooms:
0.0 (Full:-, Half:-)
Plan:
1922645
Structure Type:
Multi Unit
Ensuite:
No
Garage:
0
Downtown_EDMO
None Known
Num. of Parcels:
0
Region:
Edmonton
Zoning:
Downtown
Listed Date:
Sep 20, 2021
Days on Mkt:
  • Photo 1: 000 000: Edmonton Retail for sale : MLS®# A1148293
    Photo 1 of 1
Larger map options:
Listed by FIRST PLACE REALTY
Data was last updated October 25, 2021 at 05:30 AM (UTC)
Rob Campbell
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.