51 Kaska Road, Sherwood Park, Alberta T8A 4E7

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$1,750,000

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. (id:55577)

Property Features

  • MLS® Number A2180737
  • Price $1,750,000
  • Square Footage: 2292.44 sqft
  • Property Type: Retail
  • Community Name: Broadmoor Centre
  • Parking Space Total 35
  • Plan 7822632

Buildings

Constructed Date 1981 Size Exterior 2292.44 Sqft
Size Interior 2292.44 Sqft Total Finished Area 2292.44 Sqft
Type Retail

Land

Acreage No Size Total Text Unknown
Zoning Description C5

Agents and Offices

  • Kamil Lalji
  • Office: Cir Realty

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