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Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2180737
Explore the rare chance to invest in a coveted retail zone within Sherwood Park. This 184' x 236' (1 acre) site is ideally situated in a bustling commercial district, mere steps from surrounding development and quickly accessible to Baseline Road and Broadmoor Boulevard. The sizeable 1 Acre lot comes fully equipped with a 2,292 SF restaurant in pristine condition and 35 on-site parking stalls. An attractive destination with high visibility for advertising and endless customer crossover from surrounding businesses. Existing tenant is a well known franchise that has been in place since 2005. At the expiration of the lease, the building owner will be positioned to increase the rent significantly to reflect current market rates. Don't pass up on this valuable opportunity to own the ideal asset in an active suburban community. This is the perfect long-hold investment for a future redevelopment play.
Property Type:
Commercial
Property Sub Type:
Retail
Transaction Type:
For Sale
Possession:
Negotiable
Total Building Area:
2,292.44 sq. ft.
Taxes:
$17,117.2 / 2024
Year built:
1981 (Age: 43)
Bathrooms:
- (Full:-, Half:-)
Plan:
7822632
Structure Type:
Retail
Ensuite:
No
Garage:
0
Parking Places:
35.0
Parking Total/Covered:
35 / -
Broadmoor Centre
To be determined during Due Diligence
None Known
Num. of Parcels:
0
Region:
Strathcona County
Zoning:
C5
Listed Date:
Nov 25, 2024
Days on Mkt:
27
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Listed by CIR Realty
Data was last updated December 22, 2024 at 12:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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