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$1,750,000
Est. payment /mo
UPDATED:
02/13/2025 04:45 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Broadmoor Centre
MLS® Listing ID A2180737
Originating Board Calgary
Year Built 1981
Annual Tax Amount $17,117
Tax Year 2024
Property Sub-Type Retail
Property 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.
Location
Province AB
County Strathcona County
Zoning C5
Interior
Inclusions To be determined during Due Diligence
Exterior
Total Parking Spaces 35
Others
Restrictions None Known
Tax ID 56614988
Ownership Private
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Listed by CIR Realty