Property Details

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Winners:

51 Kaska Road
Sherwood Park (A2180737)

$1,750,000
2,292 ft²
Note: This property may have a conditional offer. Talk to us for details.
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

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.

Property details

Basic Info

MLS® #
A2180737
Property Type:
Commercial
Subtype:
Retail
Subdivision:
Broadmoor Centre
Price
$1,750,000
Sale/Lease:
For Sale
Size:
2,292 sq.ft.
Year Built:
1981 (44 years old)

Building Info

Structure Type:
Retail
Garage:
No
Fence:
Basement:
No
Inclusions:
To be determined during Due Diligence

Lot / Land Info

Zoning:
C5

Listing Info

Possession:
Negotiable
Days on Market:
157
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Your Agent

Grassroots Realty Group Ltd.
1-833-477-6687

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