RARE OPPORTUNITY TO OWN A PROFITABLE LIQUOR STORE IN RIMBEY, AB - PRIME LOCATION & FREEHOLD TITLE PROPERTY!

About 5125 50 Avenue:

Welcome to this fantastic commercial property located in the heart of Rimbey, Alberta. This is a rare opportunity to purchase a freehold title retail building that has been operating as a successful liquor store for many years. The property is situated on a 7098 sqft lot, and the building itself boasts 3600 sqft of total finished space.

Built in 1961, the building has been well-maintained and is in excellent condition. It features a modern exterior with plenty of parking space for customers. The interior of the building is spacious, well-lit, and designed to showcase the products on sale. The space has been thoughtfully laid out to provide a comfortable shopping experience for customers.

The property is zoned C, which allows for a variety of commercial uses. The current business is a profitable liquor store that offers a wide selection of beer, wine, and spirits. The store has built a loyal customer base from the local community and beyond. The business has been operating successfully for many years and has a strong reputation for providing high-quality products and excellent customer service.

The property offers a prime location in the heart of Rimbey, which is a growing community and a popular tourist destination. Rimbey is located in central Alberta, approximately 150 km south of Edmonton and 100 km north of Red Deer. It is situated in the rolling hills of the foothills of the Rocky Mountains and offers a range of outdoor activities, including hiking, fishing, and camping. The town is also home to several annual events, including the Rimbey Rodeo and the Rimbey Agricultural Fair.

The property is ideally located on a busy street with high traffic volumes and good visibility. It is surrounded by other commercial properties, including restaurants, shops, and offices. The property is easily accessible by car, with plenty of parking available for customers.

The freehold title means that the property is owned outright by the seller, and there are no ongoing lease payments or rental fees. This makes it an attractive investment opportunity for anyone looking to own a commercial property in a growing community.

The annual property taxes for the property are $4,500 (CAD), which is a reasonable amount for a property of this size and in this location. The property has a land size of 7098 sqft, with a range of 4,051 – 7,250 sqft of land available for development if desired.

In summary, this is an excellent opportunity to purchase a successful retail business and a freehold title property in a prime location in Rimbey, Alberta. The property offers a range of possibilities for future development, and the current business has a strong reputation and a loyal customer base. Don’t miss out on this chance to invest in a growing community and a thriving business. Contact us today to arrange a viewing or to find out more information.