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101 Fraser Ave

Fraser AveClearwaterWood BuffaloAB, T9H 2A7

5
Beds
2
Baths
1,055
Sq. Ft.
$450,000
List Price
101 Fraser Ave, Wood Buffalo, AB - 1 of 3
101 Fraser Ave, Wood Buffalo, AB - 2 of 3
101 Fraser Ave, Wood Buffalo, AB - 3 of 3
39 days on market

Quick Summary

  • Prominent corner location with high visibility
  • Flexible commercial zoning on residential structure
  • Existing cash flow from upstairs and basement suites
  • Detached double garage for additional storage/parking
  • Ideal for service-based businesses like salons, shops
  • Opportunity to redevelop or remodel for commercial use
  • Transition from renting to owning a prime property
  • Establish lasting assets in a premier downtown location

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... Show More

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:54626)

Property Details

Size

1,055 sq. ft.
14 total rooms across 1 floor
5 Beds
4 Above Grade - 1 Below Grade
2 Baths
2 Full

Parking

6 Parking Spaces
Concrete,Parking Pad

Build

Year Built
1967
Model Name
-
Basement
Finished
Exterior
-
Foundation
Poured Concrete
Builder Name
-
Stories
1
Flooring
Linoleum, Vinyl
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning
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Rooms

Kitchen

15′8″ x 11′10″

Recreational, Games room

10′3″ x 12′9″

Den

5′10″ x 10′9″

4pc Bathroom

Bathroom

Bedroom

9′6″ x 9′6″

Laundry room

6′2″ x 6′6″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
A2174816
Last Updated
December 2, 2024
Brokerage
RE/MAX FORT MCMURRAY
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