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103 Centre Street
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Vulcan · Business · under $475,000. Alerts only send when there are new or meaningfully updated matching homes.
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Here’s your chance to own a well-established retail business in the vibrant downtown core of Vulcan, Alberta. This independently operated “dollar store”-style business offers a wide variety of everyday essentials and specialty items, making it a go-to destination for locals and visitors alike. The sale includes both the building and the business, providing a true turnkey opportunity for an entrepreneur looking to step into an existing operation. Inventory is in addition to the purchase price. The building, constructed in 1980, offers approximately 6,300 square feet of retail and storage space (60’ x 105’). The roof has been updated with torch-on membrane, offering added durability and peace of mind. Inside, the space is well laid out with a large retail area, rear storage, and two staff washrooms. The business currently features a diverse product mix including craft supplies, clothing, toys, balloons, office supplies, candy, and more—appealing to a broad customer base. Located along Centre Street, the property benefits from excellent visibility and steady foot traffic. There is convenient street parking out front, along with a paved parking lot at the rear for customers and staff. Whether you’re looking to expand your portfolio or step into small-town business ownership, this is a fantastic opportunity in a supportive community. For more information or to schedule a viewing, please contact your REALTOR®. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.