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101 Fraser Avenue

Fort McMurray, AB T9H 1Y9
  • $450,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: A2174816
UPDATED: 45 min ago
$450,000
  • 5
    BEDS
  • 0.17
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Single-Family Home
Built:
1967
Municipality:

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 propertys 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; its 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.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2024-12-12T22:58:22.49.
www.fortmcmurrayhomefinder.com/homes/157869524
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101 Fraser Avenue Fort McMurray, AB T9H 1Y9

  • Price: $450,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 45 min ago
  • MLS #: A2174816
5
Beds
2
Baths
0
½ Baths
0.17
Acres
1967
Built
Neighbourhood:
Downtown
Municipality:
Wood Buffalo
Area:
Fort Mcmurray
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 propertys 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; its 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.
Exterior Features

Acreage YN No Architectural Style Bungalow Construction Materials OtherWood Frame Exterior Features Private Yard Fencing Fenced Foundation Details Poured Concrete Frontage Length 0.00M 0`0" Garage Yn No Levels One Lot Features Corner LotStandard Shaped Lot Parking Features Concrete DrivewayParking Pad Parking Total 6 Patio And Porch Features See Remarks Roof Asphalt Structure Type House

Interior Features

Appliances DishwasherRefrigeratorStove(s)Washer/Dryer Basement Separate/Exterior EntryFinishedFull Bedrooms Above Grade 4 Cooling Central Air Ensuite Yn No Fireplaces Total 0 Five Piece Bath 0 Five Piece Ensuite Bath 0 Flooring LinoleumVinyl Four Piece Bath 2 Four Piece Ensuite Bath 0 Heating Forced AirNatural Gas Interior Features See Remarks Laundry Features In Basement Living Area Sf 1055.49 One Piece Bath 0 Rooms Kitchen (Main) 4pc Bathroom (Main) Bedroom (Main) Bedroom (Main) Kitchen (Basement) Game Room (Basement) Den (Basement) Dining Room (Main) Living Room (Main) Bedroom - Primary (Main) 4pc Bathroom (Basement) Bedroom (Main) Bedroom (Basement) Laundry (Basement) Six Piece Bath 0 Six Piece Ensuite Bath 0 Three Piece Bath 0 Three Piece Ensuite Bath 0 Two Piece Bath 0 Two Piece Ensuite Bath 0

Property Features

Additional Parcels Yn No Association Yn No Association2 Yn No Community Features PlaygroundSchools NearbyShopping Nearby Condo Type Not a Condo Direction Faces NE Inclusions N/A New Construction Yn No Property Sub Type Detached Restrictions None Known Title Land Fee Simple Transaction Type For Sale Zoning SCL1

Listing information by Pillar 9™ MLS® System.
Listing provided courtesy of William Clarke of RE/MAX FORT MCMURRAY.



Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2024-12-12T22:58:22.49.
 
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Weir Group Real Estate Team | EXP Realty
002-9908 Franklin Avenue
Fort McMurray AB, T9H2K8