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$1,750,000
0035
  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $17,117
Approx. Age 1981
MLS® Number A2180737

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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.Show Description
MLS® NumberA2180737
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1981
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

To be determined during Due Diligence

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