For Sale

101 Fraser Avenue, Fort McMurray, Alberta T9H1Y9

$450,000

101 Fraser Avenue, Fort McMurray, Alberta T9H1Y9 is For Sale and has a listing price of 450,000. The property is located in the neighbourhood. It's been on the website for 56 Days.

  • Single Family
    Property Type
  • Detached
    Building Style
  • 5
    Bedrooms
  • 2
    Bathrooms
  • Parking Pad
    Parking
  • 6
    Parking Spaces
  • MLS ID: A2174816
  • Office Name RE/MAX FORT MCMURRAY
Property Description

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:43137)

Property Details
  • Bedrooms: 5
  • MLS ID: A2174816
  • Bathrooms: 2
  • Price: $450,000
  • Transaction Types: For Sale
  • Ref ID: 27651783
  • Year Built: N/A
  • Approx Sqft: 1055.49 sqft
  • Building Type: House
  • Building Style: Detached
  • Property Type: Single Family
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
11/14/2024 A2174816 $450,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Floor Plans
Kitchen - Basement 11.83 Ft x 15.67 Ft
Recreational, Games room - Basement 12.75 Ft x 10.25 Ft
Den - Basement 10.75 Ft x 5.83 Ft
4pc Bathroom - Basement .00 Ft x .00 Ft
Bedroom - Basement 9.50 Ft x 9.50 Ft
Laundry room - Basement 6.50 Ft x 6.17 Ft
Kitchen - Main 9.17 Ft x 11.25 Ft
4pc Bathroom - Main .00 Ft x .00 Ft
Bedroom - Main 9.00 Ft x 8.92 Ft
Bedroom - Main 9.00 Ft x 8.92 Ft
Dining room - Main 9.17 Ft x 8.08 Ft
Living room - Main 16.08 Ft x 18.25 Ft
Primary Bedroom - Main 12.33 Ft x 9.92 Ft
Bedroom - Main 11.58 Ft x 11.50 Ft
Neighborhood Stats
Fort McMurray
  • $409,428 Average List Price
    based on 1 year
  • 97 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change -22.9%
  • 3 Month Change -19.3%
  • 6 Month Change -16.7%
Walkscore
  • 84 Walk Score
    Very Walkable
  • 54 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    78.28%
  • Commercial
    10.2%
  • Condo
    10.37%
  • Land for Sale
    1.15%
Additional Details
  • Heat Source Natural Gas
  • Style Bungalow
  • Basement2 Full (finished)
  • Heating System Forced Air
  • Cooling System Central Air Conditioning
  • Total Parking Spaces: 6
  • Property Features See Remarks
  • Basement Separate Entrance
  • Fireplace False
  • Parking Parking Pad, Concrete
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 14/11/2024 00:00:00
  • Zoning Ra5-42
  • Agent Name: William Clarke
  • Address Subdivision: Downtown
  • Last Updated: 02/12/2024 13:20:24
Open House Dates
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