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.
Address
51 Kaska RD
List Price
$1,750,000
Property Type
Commercial Sale
Area
Sherwood Park
Sub-Area
Broadmoor Centre
Year Built
1981
MLS® Number
E4414804
Listing Brokerage
MaxWell Progressive
Postal Code
T8A 4E7
Zoning
Zone 25
Construction Materials
See Remarks