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New property listed in Gibbons, Gibbons

I have listed a new property at 49 street & 50 Avenue T0A 1N0 in Gibbons. See details here

Retail Shopping Centre: Fully occupied by 5 tenants—Food Store, Gibbons Liquor Loft, Prime Pizza and Donair, Pit Stop Pub, and Lee’s Restaurant. Built-in Growth: Long-term leases in place featuring built-in rental escalations (e.g., Food Store increases to $11.00/SF; Prime Pizza has scheduled step-ups in Years 3 and 5). Bonus: Two Businesses with extra income:Pit Stop Pub: Beyond standard property rental income, the asset includes the operations of the owner-operated Pit Stop Pub: Robust VLT Income: Delivers $7,500+/month in gaming commissions ($90.4k in FY25)Liquor Loft: also owned by the plaza owner. It delivers $914k 3-yr avg gross sales ($147k avg margin), plus massive upside by cutting $178k+ in hired staff overhead.

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New property listed in Gibbons, Gibbons

I have listed a new property at 4905 - 49 Street, T0G 1N0 in Gibbons. See details here

Gibbons Liquor Loft - Offered at $199,000 + Inventory4905-49 Street, Gibbons, AB 3-Yr Avg Sales (FY24–26): $914k/yr Located in a high-traffic downtown strip plaza, this turnkey 1,260 SF liquor store offers immediate cash flow with strong upside for an active owner-operator. Reduced for a quick sale due to retiring hands-off owners. Highlights & Equipment:Turnkey Setup: Includes 12x8 walk-in cooler, 5 upright coolers, updated POS, security cameras, drop safe, and custom display shelving. Built-in Demand: Supplies adjacent pub and restaurant accounts. Assumable Lease: Low base rent of $18,717/year. Growth Upside: Reclaim margins by cutting current $178k+ staff payroll by taking over daily operations. Expand Accounts: Scale local wholesale and add targeted marketing/loyalty programs.

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