$1,750,000
( )
 $9,394 forsale estimated payment Sourced by Back At You

51 Kaska Road , Sherwood Park, AB T8A 4E7

Sherwood Park, AB T8A 4E7

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Description

Explore the rare chance to invest in a coveted retail zone within Sherwood Park. This 184' x 236' (1 acre) site is ideally situated in a bustling commercial district, mere steps from surrounding development and quickly accessible to Baseline Road and Broadmoor Boulevard. The sizeable 1 Acre lot comes fully equipped with a 2,292 SF restaurant in pristine condition and 35 on-site parking stalls. An attractive destination with high visibility for advertising and endless customer crossover from surrounding businesses. Existing tenant is a well known franchise that has been in place since 2005. At the expiration of the lease, the building owner will be positioned to increase the rent significantly to reflect current market rates. Don't pass up on this valuable opportunity to own the ideal asset in an active suburban community. This is the perfect long-hold investment for a future redevelopment play.

Details

MlsA2180737
Listing TypeFor Sale
StyleCommercial
SubtypeResale
StatusActive
Year1981
Days On Site13
Listing Provided ByCIR Realty | Kamil Lalji

Features

Sq Feet2,292
ZoningC5
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.

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Learn More About This Property

StateAB
CountyStrathcona County
CitySherwood Park
Zip CodeT8A 4E7
AreaStrathcona County
Community NameBroadmoor Centre
Listing VS Median (in Broadmoor Centre)
Price:
$1,750,000
low | high
Med:
$1,750,000
50% of Average
SqFt:
2,292
low | high
Med:
2,292
50% of Average
$ / SqFt:
$764
low | high
Med:
$764
50% of Average
On Site:
13
low | high
Med:
13.000000
100% of Average
Sourced by Back At You
Listing Updated: November 26, 2024 at 1:28:40 AM PST