101 Fraser, Fort McMurray, FM SE - $425,000

5
Bedrooms
2
Bathrooms
N/A
Sq Ft
0.17
Acres

GoTopLevel

REAL ESTATE BROKERAGE

403.217.0003

Office

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Property Highlights

5
Bedrooms
2
Bathrooms
N/A
Sq Ft
7600
Lot Size

Description

Prime Downtown Multi-Use Commercial Property Discover 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 use Seize this chance to transition from renting to owning, enhance your business presence, and establish lasting assets in a premier downtown location.

Key Features

Dishwasher
Refrigerator
Stove(s)
Washer/Dryer
Forced Air
Natural Gas
Central Air
Concrete Driveway
Parking Pad

Essential Information

MLS® #96128888
Price$425,000
Bedrooms Total5
Bedrooms Above Grade4
Bedrooms Below Grade1
Total Bathrooms2
Full Bathrooms2
0
Total Square FootageN/A sq ft
Living Area1,055.49 sq ft
Lot Size7,600 sq ft
Year Built1967
Garage Spaces1
Total Parking6
0
Property TypeResidential
Property Sub-TypeDetached

Financial Information

Annual Property Tax$1,911

Property Timeline & History

Current Status

Active Active

268
Days on Market
Listed for Sale
November 14, 2024

Listing Status

StatusActive
Days on Market268

Additional Details

Garage Spaces1
HeatingForced Air,Natural Gas
CoolingCentral Air
Postal CodeT9H 1Y9