Listing Details

For more information on this listing or other please contact me.

Courtesy of Faisal Rajan of MaxWell Progressive.
Data was last updated 2024-12-21 at 14:09:58 GMT

51 Kaska RD   Sherwood Park, AB

$1,750,000
MLS®: E4414804
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.

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 Ashley Agent. For more information or to schedule a viewing please contact Ashley Agent.
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.