Sanket Patel Commercial Realtor
49 Street & 50 Avenue T0a 1n0 Gibbons, Alberta T0A 1N0
49 Street & 50 Avenue T0a 1n0, Gibbons, Alberta T0A 1N0 (30159421), Calgary — Homes for Sale
$1,800,000
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. (id:55254)
Property Details
| MLS® Number | 45302174 |
| Property Type | Retail |
Building
| Size Interior | 12,600 Sqft |
Land
| Acreage | No |
| Size Total | 0|unknown |
| Size Total Text | 0|unknown |
https://www.realtor.ca/real-estate/30159421/49-street-50-avenue-t0a-1n0-gibbons
Contact Us
Contact us for more information
Nicholas J. Golden
Associate
(780) 458-6619
www.nickgolden.com/
12 Hebert Rd
St Albert, Alberta T8N 5T8
(780) 458-8300
(780) 458-6619
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August 19 2026 06:18:46
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