Homes for sale - 101 Fraser Avenue, Fort Mcmurray, AB T9H1Y9

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Nick Penney

info@nickpenney.com

$450,000

Est. payment - /mo

5 Beds

2 Baths

1,055 SqFt

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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,055 sqft

Price per Sqft $426

Subdivision Downtown

MLS® Listing ID A2174816

Style Bungalow

Bedrooms 5

Originating Board Fort McMurray REALTORS®

Year Built 1967

Lot Size 7,600 Sqft

Acres 7600.22

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 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:24570)

Location

Province AB

Rooms

Extra Room 1 Basement 11.83 Ft x 15.67 Ft Kitchen

Extra Room 2 Basement 12.75 Ft x 10.25 Ft Recreational, Games room

Extra Room 3 Basement 10.75 Ft x 5.83 Ft Den

Extra Room 4 Basement .00 Ft x .00 Ft 4pc Bathroom

Extra Room 5 Basement 9.50 Ft x 9.50 Ft Bedroom

Extra Room 6 Basement 6.50 Ft x 6.17 Ft Laundry room

Interior

Heating Forced air,

Cooling Central air conditioning

Flooring Linoleum, Vinyl

Exterior

Garage No

Fence Fence

Waterfront No

View Y/N No

Total Parking Spaces 6

Private Pool No

Building

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

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Listed by RE/MAX FORT MCMURRAY

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Nick Penney

101 Fraser Avenue Fort Mcmurray, AB T9H1Y9

Nick Penney

Nick Penney

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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