$ 489,000

North, Edmonton

Here’s a more polished, buyer-focused version that highlights the **stability, location, simplicity, and upside potential** without overstating the opportunity:### Established Dry Cleaning & Alterations Business — Turnkey OpportunityAn excellent opportunity to acquire a well-established **dry cleaning depot and alterations business operating successfully since 2014**. The current owner has been running the business for over 12 years and is now offering it for sale as part of a planned retirement transition.The business has built a **loyal and established customer base** over the years, supported by its convenient location and limited direct competition in the immediate area. Situated in a **busy shopping centre surrounded by high-traffic retail businesses**, the location benefits from strong visibility, convenient access, and consistent daily customer traffic.The operation is **straightforward and easy to manage**, making it well suited for an owner-operator or entrepreneur looking for an established business with relatively simple day-to-day operations.There is also **significant opportunity for a new owner to grow revenue**. Potential growth strategies include increasing local marketing, targeting surrounding households and businesses, expanding alterations services, introducing pickup and delivery, and developing recurring commercial accounts.The total monthly occupancy cost is approximately **$5,500, including base rent and operating costs**, with utilities billed separately. The business is supported by a **long-term lease with a renewal option**, providing continuity for the incoming owner.### Key Highlights* Operating successfully since **2014*** **12+ years under the current ownership*** Established and loyal customer base* Limited direct competition in the immediate area* High-traffic shopping-centre location* Strong visibility and convenient customer access* Simple, manageable day-to-day operations* Suitable for an owner-operator* **Growth potential through marketing and pickup/delivery services*** Approximately **$5,500/month rent including operating costs*** Long-term lease with renewal option* Owner selling due to **retirement*** **Turnkey operation with an established market presence*** **High end equipment and leasehold improvements cost $400,000 plus**This is a compelling opportunity for an entrepreneur seeking an **established, easy-to-operate service business with a proven operating history and multiple avenues for future growth**. (id:1945)
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Property details for North, Edmonton

Type
Commercial
Lot Size
160243.6749514751

Nearby Listings Stat

Estimated price and comparable properties near North

Active Listings
232
Min Price
$80,000
Max Price
$1,317,250
Avg Price
$394,174
Days on Market
51
days
Sold Listings
130
Min Sold Price
$119,000
Max Sold Price
$1,317,250
Avg Sold Price
$400,004
Days until Sold
56
days

Neighbourhood Census Data

Edmonton, Alberta

Population
1,434
Median Age
31.5
Median Income
$44,608
Dwelling Value
$350,174

Housing Tenure

Owners 62%
Renters 39%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 3
Pop. Density: 4,630.3/km²
Avg Shelter Cost: $1,601/mo
Owners with Mortgage: 80.4%
Owners Spending 30%+: 12.5%
Tenants Spending 30%+: 42.9%
English only: 90.9%
English and French: 5.9%
Neither: 2.8%
Median Household Income: $103,765
Median Employment Income: $45,504

Price History

Listed
September 25, 2026
by Nationwide Realty Corp
Current Price
$489,000
Type
Commercial
For Sale
North

Contact Agent Get in touch about North, Edmonton

Bikram Jit Singh
Nationwide Realty Corp