101 Fraser Avenue, Fort Mcmurray, Alberta

$450,000

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5

Beds

2

Baths

1,055

Square feet

0.17

Acres

About 101 Fraser Avenue

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:36535)

Features of 101 Fraser Avenue

Listing # A2174816
Price $450,000
Bedrooms 5
Bathrooms 2.00
Square Footage 1,055
Acres 0.17
Year Built 1967
Type Single Family
Sub-Type Freehold
Style Bungalow

Community Information

Address 101 Fraser Avenue
Subdivision Downtown
City Fort Mcmurray
Province Alberta
Postal Code T9H1Y9

Amenities

Amenities Playground, Schools, Shopping
Features See remarks
Parking Spaces 6
Parking Concrete, Parking Pad
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator, Dishwasher, Stove, Washer & Dryer
Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 1
Has Basement Yes
Basement Separate entrance

Exterior

Construction Wood frame
Foundation Poured Concrete

Listing Details

OfficeCourtesy Of William Clarke Of RE/MAX FORT MCMURRAY

Listing Map