49 Street & 50 Avenue T0a 1n0 Gibbons, Alberta T0A 1N0
$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:63476)
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 |
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August 25 2026 06:18:23
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