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101 Fraser Avenue, Fort McMurray, Alberta

$450,000

5 Beds
2 Baths
1,055 Square Feet

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:59963)

Listing ID: A2174816
Property Type: Single Family
Year Built: 1967

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Rooms

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

Details

Architectural Style: Bungalow
Amenities Nearby: Playground, Schools, Shopping
Features: See remarks
Ownership: Freehold
Parking Spaces: 6
Plan: 2590NY
Structure: See Remarks
Transaction: For sale
Zoning Description: SCL1

Building

Appliances: Refrigerator, Dishwasher, Stove, Washer & Dryer
Architectural Style: Bungalow
BasementType: Full (Finished)
Basement Development: Finished
Basement Features: Separate entrance
Bedrooms Main Level: 4
Bedrooms Lower Level: 1
Constructed Date: 1967
Constructed Material: Wood frame
Construction Style Attachment: Detached
Cooling: Central air conditioning
Fireplace Present: False
Flooring: Linoleum, Vinyl
Foundation: Poured Concrete
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1055.49 sqft
Stories Total: 1
Total Finished Area: 1055.49 sqft
Type: House

Land

Amenities: Playground, Schools, Shopping
Fence: Fence
Size Irregular: 7600.22
Size Total: 7600.22 sqft|7,251 - 10,889 sqft

Listing provided by RE/MAX FORT MCMURRAY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 101 Fraser Avenue in Fort McMurray Ontario. It was last modified on November 14th, 2024. Contact Alecssa Cerbo to schedule a viewing or to discover other Fort McMurray real estate for sale.

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