LOADING

000 000 Edmonton, Alberta T5J 1R2

3412 sqft

$799,000

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. (id:44922)

Business

Business Type Retail and Wholesale
Business Sub Type Liquor Store

Property Details

MLS® Number A1148293
Property Type Business
Community Name Downtown_EDMO
Plan 1922645

Building

Basement Type Unknown
Constructed Date 1968
Size Exterior 3412 Sqft
Size Interior 3412 Sqft
Total Finished Area 3412 Sqft
Type Retail

Land

Acreage No
Size Total Text Unknown
Zoning Description Downtown

https://www.realtor.ca/real-estate/23655583/000-000-edmonton-downtownedmo

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