101 Fraser Avenue, Fort McMurray, Alberta

$450,000

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5

Beds

2

Baths

1,055

Square feet

0.17

Acres

About 101 Fraser Avenue

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 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 use Seize this chance to transition from renting to owning, enhance your business presence, and establish lasting assets in a premier downtown location.

Features of 101 Fraser Avenue

MLS® # A2174816
Price $450,000
Bedrooms 5
Bathrooms 2.00
Full Baths 2
Square Footage 1,055
Acres 0.17
Year Built 1967
Type Residential
Sub-Type Detached
Style Bungalow
Status Active

Community Information

Address 101 Fraser Avenue
Subdivision Downtown
City Fort McMurray
County Wood Buffalo
Province Alberta
Postal Code T9H 1Y9

Amenities

Parking Spaces 6
Parking Concrete Driveway, Parking Pad
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Interior Features See Remarks
Appliances Dishwasher, Refrigerator, Stove(s), Washer/Dryer
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Has Basement Yes
Basement Exterior Entry, Finished, Full

Exterior

Exterior Features Private Yard
Lot Description Corner Lot, Standard Shaped Lot
Roof Asphalt
Construction Other, Wood Frame
Foundation Poured Concrete

Additional Information

Date Listed November 14th, 2024
Days on Market 42
Zoning SCL1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX FORT MCMURRAY

Listing Map