MLS® 10398143

Retail for Sale — Cranbrook North, Cranbrook, BC

$220,000

217 Cranbrook Street N, Cranbrook, BC V1C3R1

81
Walk Score
32
Transit
65
Bike
Walk Score® by Redfin
For SaleTurnkey
4,147 square feet
Floor area
81
Walk Score
32
Transit
65
Bike
Walk Score® by Redfin

Property details

Structured details

Structure type
Retail
Parcel ID (PID)
000-000-000
Water source
Municipal water
Sewer
Municipal sewage system
Lot features
Retail, Business

Listing Information

MLS®
10398143
Listed
August 18, 2026
Time on market
27 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Step into a thriving, profitable turn-key business in the heart of Cranbrook! For over 13 years, this bright and welcoming shop has served as the premier destination for the region’s passionate quilting, knitting, and sewing community. Perfect for an entrepreneur or creative enthusiast looking to earn a great living, this business operates in a highly profitable niche market with a fiercely loyal customer base that champions buying local. Unlike seasonal businesses, this operation generates steady, year-round revenue thanks to its specialized service hub—featuring a dedicated sewing machine repair department and a coveted authorized Janome dealership. By taking over this beloved community staple, you inherit immediate equity, a stellar reputation, a fully equipped workspace, and a knowledgeable, dedicated staff ready to ensure a seamless transition. Lead a vibrant creative community while enjoying the security and rewards of an established, busy, and proven local operation! (id:63159)

Financing calculator

Estimate your monthly payment on the $220,000 asking price.

Financing details
Monthly debt service
$2,135
Cash required at close
$69,000
DSCR
Cash-on-cash return (yr 1)

Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.

Location

Local market size (Cranbrook)

Population
20,499(+2.3% since 2016)
Population density
641.2/km²
Median household income
$80,000

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
14.5%
Postsecondary below bachelor's
36.5%
High school diploma
33.4%
No certificate/diploma
15.6%

Population aged 15 and over.

Commute

Car, truck or van
87.3%
Public transit
0.8%
Walked
9.1%
Bicycle
1.0%
Other
1.8%

Commute duration

Under 15 min
67.9%
15–29 min
15.6%
30–44 min
6.0%
45–59 min
3.4%
60+ min
7.1%

Employed labour force with a usual workplace.

Mother Tongue

English91.4%
German1%
French0.9%
Punjabi (Panjabi)0.8%
Italian0.6%
Tagalog (Pilipino, Filipino)0.5%
Spanish0.4%
Mandarin0.3%
Korean0.3%
Dutch0.2%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Cancun Mexican International Restaurant · 303 Cranbrook Street North58m
  • Rockwater Steakhouse96m
  • Pizza Hut196m
  • Denny's234m
  • Family Thai Restaurant · 414 Cranbrook Street North289m

Cafes (1)

  • Max's Place489m

Grocery (2)

  • Safeway368m
  • Save-On-Foods · 505 Victoria Ave North781m

Parks (5+)

  • Unnamed386m
  • MBSS Grounds464m
  • Rotary Park641m
  • Rec Plex Park644m
  • Baker Park687m

Banks & ATMs (5+)

  • Bank of Montreal323m
  • Unnamed336m
  • HSBC336m
  • RBC363m
  • Scotiabank410m

Nearby places data: © OpenStreetMap contributors.

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Other commercial property types for sale in Cranbrook

Frequently asked questions

What is the asking price for this business?

The asking price is $220,000.

Where is this business located?

This listing is located in Cranbrook, British Columbia.

How current is this listing?

This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.