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101 Fraser Avenue Fort Mcmurray, Alberta T9H 1Y9

5 Bedroom 2 Bathroom 1055.49 sqft
Bungalow Central Air Conditioning Forced Air

$450,000

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 propertyโ€™s prominent corner location is perfect for a range of service-based businessesโ€”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; itโ€™s a foundation for building equity and growing your business footprint in a prime area.Highlights:โ€ขZoning: Commercial on a residential structureโ€ขLocation: High-traffic downtown corner with excellent visibilityโ€ขCurrent Setup: Upstairs and basement suites, double detached garageโ€ขInvestment Potential: Immediate cash flow from existing tenantsโ€ขIdeal For: Retail, salon, barber shop, service-based businessesโ€ขFuture 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:57312)

Property Details

MLS® Number A2174816
Property Type Single Family
Neigbourhood City Centre
Community Name Downtown
AmenitiesNearBy Playground, Schools, Shopping
Features See Remarks
ParkingSpaceTotal 6
Plan 2590ny
Structure See Remarks

Building

BathroomTotal 2
BedroomsAboveGround 4
BedroomsBelowGround 1
BedroomsTotal 5
Appliances Refrigerator, Dishwasher, Stove, Washer & Dryer
ArchitecturalStyle Bungalow
BasementDevelopment Finished
BasementFeatures Separate Entrance
BasementType Full (finished)
ConstructedDate 1967
ConstructionMaterial Wood Frame
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
FlooringType Linoleum, Vinyl
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
SizeInterior 1055.49 Sqft
TotalFinishedArea 1055.49 Sqft
Type House

Parking

Concrete
Parking Pad

Land

Acreage No
FenceType Fence
LandAmenities Playground, Schools, Shopping
SizeIrregular 7600.22
SizeTotal 7600.22 Sqft|7,251 - 10,889 Sqft
SizeTotalText 7600.22 Sqft|7,251 - 10,889 Sqft
ZoningDescription Scl1

Rooms

Level Type Dimensions
Basement Kitchen 11.83 Ft x 15.67 Ft
Basement Recreational, Games Room 12.75 Ft x 10.25 Ft
Basement Den 10.75 Ft x 5.83 Ft
Basement 4pc Bathroom .00 Ft x .00 Ft
Basement Bedroom 9.50 Ft x 9.50 Ft
Basement Laundry Room 6.50 Ft x 6.17 Ft
Main Level Kitchen 9.17 Ft x 11.25 Ft
Main Level 4pc Bathroom .00 Ft x .00 Ft
Main Level Bedroom 9.00 Ft x 8.92 Ft
Main Level Bedroom 9.00 Ft x 8.92 Ft
Main Level Dining Room 9.17 Ft x 8.08 Ft
Main Level Living Room 16.08 Ft x 18.25 Ft
Main Level Primary Bedroom 12.33 Ft x 9.92 Ft
Main Level Bedroom 11.58 Ft x 11.50 Ft

https://www.realtor.ca/real-estate/27651783/101-fraser-avenue-fort-mcmurray-downtown

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William Clarke
Associate


RE/MAX Fort Mcmurray
#215 - 8520 Manning Avenue
Fort Mcmurray, Alberta T9H 5G2

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