01 / Property Detail

NONE

604 1 Street S, Grassy Lake, AB

$699,000

Commercial · MLS® A2285879
3,200Sq Ft
1982Year Built
02 / Overview

PROPERTY OVERVIEW

Exceptional Turnkey Investment Opportunity. This offering includes the land, a mixed-use building, a well-established grocery business, all equipment, and an above-ground fuel tank. As the only grocery store in town, the business serves as the central retail hub, providing a steady revenue stream from groceries, liquor, tobacco, lottery, and fuel (regular and diesel). The previous postal services have been upgraded to a Purolator depot for higher margins and simpler operations. The property is meticulously maintained and includes a newly built...

03 / Details

PROPERTY DETAILS

Property TypeCommercial
Building TypeRetail
Total Finished Area3,200 sq ft
ZoningC
Year Built1982
04 / Commercial

COMMERCIAL METRICS

Commercial properties require specialized analysis. Contact us for cap rate and NOI calculations based on actual lease data.
Price per Sq Ft$2183,200 sq ft building
Building Size3,200 sq ftTotal building area
Property TypeBusinessCommercial classification
ZoningCUse classification
Commercial investment inquiry?Contact us for detailed financial analysis
05 / Location

NONE

Needs Review
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Investment Score53/100
Avg Home Price$746K
Active Listings1435
Listed by Jason Choi · First Place Realty