$425,000
 $2,281 est/mo Sourced by Back At You

101 Fraser Avenue,Fort McMurray, AB T9H 1Y9

Fort McMurray, AB T9H 1Y9

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Description

Prime Downtown Multi-Use Commercial Property Discover 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 businesseswhether 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 use Seize this chance to transition from renting to owning, enhance your business presence, and establish lasting assets in a premier downtown location.

Details

MLS #A2174816
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1967
Days On Site242
Listing Provided ByRE/MAX Connect | William Clarke

Features

Bed(s)5
Bath(s) 2 Total
SQ Feet1,055
Garage1
ZoningSCL1
Acreage0.17

Interior

CoolingCentral Air
HeatingForced Air, Natural Gas
Interior FeaturesSee Remarks
AppliancesDishwasher, Refrigerator, Stove(s), Washer/Dryer

Exterior

Exterior FeaturesPrivate Yard
RoofAsphalt
Construction MaterialsOther, Wood Frame
Foundation DetailsPoured Concrete
Lot FeaturesCorner Lot, Standard Shaped Lot

Parking

Garage Yn0
Parking FeaturesConcrete Driveway, Parking Pad

Location

Community FeaturesPlayground, Schools Nearby, Shopping Nearby

Other

List AorFort Mc Murray

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Learn More About This Property

StateAB
CountyWood Buffalo
CityFort McMurray
Zip CodeT9H 1Y9
AreaWood Buffalo
Community NameDowntown
Sourced by Back At You
Listing Updated: July 2, 2025 at 12:16:27 PM PDT