50 Ave
House for sale in Gibbons — $199,000
Key facts
- Type: House
- Price: $199,000
- City: Gibbons
- MLS® number: 45389628
- Agent: Century 21
- Brokerage: Century 21 Canada
Description
Gibbons Liquor Loft - Offered at $199,000 + Inventory4905-50 Avenue , 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.