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Courtesy of Faisal Rajan of MaxWell Progressive.
Data was last updated 2025-01-15 at 14:08:27 GMT
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.
Listing Information
- Prop. Type:
- Retail
- Status:
- Active
- City:
- Sherwood Park
- MLS® Number:
- E4414804
- Neighbourhood:
- Broadmoor Centre
- Area:
- Strathcona
- Province:
- AB
- Listing Price:
- $1,750,000
General Information
- Year Built:
- 1981
- Zoning/Land Use Code:
- For Sale
- Region:
- Strathcona
Additional Information
- Plan:
- 7822632
- Legal Block:
- 3
- Legal Lot/Unit:
- 10
Other Information
- Land Size Hectares:
- 0
- Building Type:
- See Private Remarks
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This property is listed by Faisal Rajan of MaxWell Progressive and provided here courtesy of
Kyle Rossiter.
For more information or to schedule a viewing please contact Kyle Rossiter.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.