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Mayerthorpe · Retail · under $250,000. Alerts only send when there are new or meaningfully updated matching homes.
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Freestanding commercial building situated on its own land in Prime location of Downtown Mayerthorpe. The property currently features a single commercial structure and is operated as hardware store by current owner. The seller has also obtained Development Permit (DP) approval allowing conversion into multiple commercial uses including a convenience store, office space, coffee shop, and hardware store.Ideal for investors, owner-operators, or developers. Store can be operated as hardware store, however, the approved DP provides a pathway for repositioning the property to serve multiple business streams within the community.Business caters to nearby villages and hamlets for their hardware needs in Lac Ste Anne Country, Woodlands Country and nearby Barrhead County rural areas.All existing chattels, equipment, fixtures, and current inventory related to the hardware and liquidation store presently operating on the premises included. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
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Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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Commute
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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).
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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.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 24, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.