March 9, 2021

Data was last updated 2021-02-23 at 15:20:03 GMT
$79,000

390 Northmount Drive NW   Calgary, Alberta

MLS®: A1059024
URL:    
The store is located in a residential area, next to one of busiest roads in NW and within walking distance away from a junior high school, an elementary school, churches, and a public outdoor swimming pool. Due to the lack of other convenience stores in its vicinity, the store attracts a high volume of customers belonging to various demographics; for example, during lunch and after-school hours on school days, approximately 50 - 100 students come by to purchase various food products and beverages (i.e. the products with the highest gross profit margins). 

The store has been in operation for more than 60 years at the same location; while there were several ownership changes, there has been no drastic changes experienced with its primary vendors or foot traffic. The store has many loyal customers who have been purchasing from the store for years. Because of its competitively advantageous location and its lasting presence in the community, the store can provide a stable source of earnings all year-round. In addition, due to its large space, the store offers potential growth opportunities, such as the expansion of product offerings that cater to its primary customers (e.g. lunch foods, slushy beverages, seasonal products, providing access to dry cleaning and alteration services, and etcetera). All viewing must be by appointment only.
The store is located in a residential area, next to one of busiest roads in NW and within walking distance away from a junior high school, an elementary school, churches, and a public outdoor swimming pool. Due to the lack of other convenience stores in its vicinity, the store attracts a high volume of customers belonging to various demographics; for example, during lunch and after-school hours on school days, approximately 50 - 100 students come by to purchase various food products and beverages (i.e. the products with the highest gross profit margins). The store has been in operation for more than 60 years at the same location; while there were several ownership changes, there has been no drastic changes experienced with its primary vendors or foot traffic. The store has many loyal customers who have been purchasing from the store for years. Because of its competitively advantageous location and its lasting presence in the community, the store can provide a stable source of earnings all year-round. In addition, due to its large space, the store offers potential growth opportunities, such as the expansion of product offerings that cater to its primary customers (e.g. lunch foods, slushy beverages, seasonal products, providing access to dry cleaning and alteration services, and etcetera). All viewing must be by appointment only.

Listing Information

Prop. Type:
Retail (Commercial)
Status:
Active
City:
Calgary
Neighbourhood:
Highwood
Area:
Calgary
Province:
Alberta
MLS® Number:
A1059024
Listing Price:
$79,000

General Information

Year Built:
1900

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This property is listed by CIR Realty and provided here courtesy of Kathy Anderson. For more information or to schedule a viewing please contact Kathy Anderson.
Kathy Anderson
CIR Realty LTD
Phone: 403-969-2347
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.