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 propertyโs prominent corner location is perfect for a range of service-based businessesโwhether 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; itโs a foundation for building equity and growing your business footprint in a prime area.Highlights:โขZoning: Commercial on a residential structureโขLocation: High-traffic downtown corner with excellent visibilityโขCurrent Setup: Upstairs and basement suites, double detached garageโขInvestment Potential: Immediate cash flow from existing tenantsโขIdeal For: Retail, salon, barber shop, service-based businessesโขFuture 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)
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 |
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 |
Concrete | |
Parking Pad |
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 |
Level | Type | Length | Width | 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
Contact us for more information
William Clarke
Associate