101 Fraser Avenue new

Fort Mcmurray,AB T9H1Y9

$ 450000

5 Beds

2 Baths

1055 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,055 sqft

Price per Sqft $426

Subdivision Downtown

MLS Listing ID A2174816

Style Bungalow

Bedrooms 5

Year Built 1967

Lot Size 7,600 Sqft

Property Description

Prime Downtown Multi-Use Commercial PropertyDiscover an exceptional opportunity with this versatile property, uniquely positioned in a high-traffic, high-visibility downtown location. Zoned for commercial use, this property currently features a residential house with both upstairs and basement suites, along with a double car detached garage. Ideal for entrepreneurial spirits, it offers a flexible setup that allows you to live on-site in the basement while operating your business on the main level, or alternatively, transform the property entirely to suit your vision.With existing tenants in place, this property generates cash flow from day one, making it a savvy investment while you plan for its future potential. Originally envisioned as part of a larger redevelopment project, individual lots are now available for entrepreneurs to create their own unique business spaces.The property?s prominent corner location is perfect for a range of service-based businesses?whether a nail salon, barber shop, boutique retail, or other ventures looking to capitalize on the visibility and traffic flow. This is more than just a location; it?s a foundation for building equity and growing your business footprint in a prime area.Highlights:?Zoning: Commercial on a residential structure?Location: High-traffic downtown corner with excellent visibility?Current Setup: Upstairs and basement suites, double detached garage?Investment Potential: Immediate cash flow from existing tenants?Ideal For: Retail, salon, barber shop, service-based businesses?Future Development: Opportunity to redevelop or remodel to enhance commercial useSeize this chance to transition from renting to owning, enhance your business presence, and establish lasting assets in a premier downtown location. (id:24570)

Location

Province AB

Interior

Heating Forced air,

Cooling Central air conditioning

Flooring Linoleum,Vinyl

Exterior

Garage No

Fence Fence

Waterfront No

View Y/N No

Building

Story 1

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