Grassy Lake, AB T0K 0Z0,604 1 ST S
Grassy Lake, AB T0K 0Z0,604 1 ST S
Grassy Lake, AB T0K 0Z0,604 1 ST S
Grassy Lake, AB T0K 0Z0,604 1 ST S
Grassy Lake, AB T0K 0Z0,604 1 ST S
Grassy Lake, AB T0K 0Z0,604 1 ST S
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$ 699,000
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$ 699,000
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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS® Listing ID A2209104

Originating Board Calgary

Year Built 1982

Annual Tax Amount $4,944

Tax Year 2024

Property Sub-Type Business

Property Description

Exceptional Turnkey Investment Opportunity. This offering includes land, a mixed-use building (grocery and residential), a well-established grocery business, equipment, and an above-ground fuel tank. The business serves as a central retail hub for the town, offering a comprehensive range of products including groceries, liquor, tobacco, lottery, and fuel (regular and diesel). As the only grocery store in town, it enjoys consistent customer traffic and reliable revenue streams. The property has been thoughtfully upgraded and is meticulously maintained. A newly built 1,200 sq. ft. residential home featuring 2 bedrooms and 2 bathrooms is located directly adjacent to the commercial building—ideal for owner-occupancy or generating additional rental income. The grocery store occupies 3,200 sq. ft. on a 23,702 sq. ft. (0.544 acre) lot, with significant potential for further development. Opportunities include enhancing the existing fuel infrastructure, introducing a shop-in-shop food depot in response to growing local demand. This growth is expected to further increase foot traffic and broaden the store's customer base, enhancing long-term value for investors and operators alike. New residential developments are currently under construction, adding significant value to this opportunity whether for investment purposes or owner-occupied operation. This is a rare chance to acquire a thriving business with real estate and immediate upside in a growing Alberta community.

Location

Province AB

County Taber, M.d. Of

Zoning C

Interior

Inclusions None

Others

Restrictions None Known

Tax ID 57094493

Ownership Private

Listed by First Place Realty

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agent-avatar

As a real estate agent, Sheldons brings a strong passion and incredible dedication to ensuring real estate buyers and sellers achieve their goals in a smooth and fulfilling process. Growing up in a family of Real Estate Professionals, Property Managers, and Real Estate Investors, Sheldons gained valuable knowledge about real estate transactions. He nurtured a deep love for the industry from a young age. Given his background, he always desired to venture into the industry to give his clients a positive, rewarding, and financially satisfying real estate experience.


Determined to help his client navigate the complex and competitive market with ease, Sheldons seeks to guide, advise, and educate clients, in order to empower them to make wise and well-informed choices. He strives to go over and beyond to help buyers find their perfect homes and assist sellers in marketing their properties for top dollar. For Sheldons, there is nothing more fulfilling than seeing the smile and the look of satisfaction on his client’s face after a successful closing.


When you entrust Sheldons with your real estate dreams, you can be confident that he won’t rest until he turns them into reality.

 

+1(587) 832-1826

sxa@twentyrealty.ca

1816 Crowchild Trail NW # 700, Calgary, T2M, 3Y7, Canada

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604 1 ST S