Homes for sale - 8706 Franklin AVE, Fort Mcmurray, AB T9H 2J6

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Menaka Kumburutenne

menakakumburutenne@gmail.com +1(780) 722-5994

$ 7,500,000

Est. payment | -/mo

34,915 SqFt

Save Virtual Tour

$ 7,500,000

Est. payment | -/mo

Save Virtual Tour

34,915 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 34,915 sqft

Price per Sqft $214

Subdivision Downtown

MLS Listing ID A2247352

Year Built 1975

Lot Size 2.310 Acres

Acres 2.31

Property Sub-Type Retail

Property Description

12.5% Cap Rate- Plaza One Shopping Mall; located in the heart of downtown Fort McMurray in the major business hub which Includes neighboring businesses like Walmart, The Brick, Staples, Canadian Tire, Sobeys and much more. Right next door is the River Pointe Shopping Centre. This Strip mall shopping Centre development is 34,915 leasable sqft sitting on 2.31 Acres which is currently occupied by multiple tenants and is being used for various commercial retail, professional office (Dentist, Accountant, Lab), food service and other related uses. It consists of 2 buildings the first of which is a 33,600 concrete block structure with main level & upper level & basement level spaces which was built in stages starting in 1970, 1974 & 1997 to which you have today more details can be provided on this. The second free-standing building was built in 1998 and then added too in 2006 for a total of 5,100sqft. The building has been well maintained with many improvements. The Parking lot is paved asphalt and has excellent parking + you have large Pylon sign & the parking lot at the rear runs all the way down to the corner of Manning & Riedel. The property has access front, rear and side entry access for easy traffic flow. Property has been well occupied and continues to be well occupied due to its exceptional location amongst the major business hub in downtown Fort McMurray; which drives customers and traffic to this location.

Location

Province AB

County Fm Se

Area Fm Se

Zoning FRA1

Interior

Heating Forced Air, Natural Gas, See Remarks

Cooling Central Air

Fireplace No

Exterior

Roof Type Flat Torch Membrane,Membrane,Tar/Gravel

Garage No

Building

Lot Description Corner Lot, Near Public Transit, Paved, See Remarks

Dwelling Type Low Rise (2-4 stories)

Foundation Combination, Poured Concrete, Slab

Others

Restrictions None Known

Virtual Tour https://www.dropbox.com/scl/fo/tro4gs3zqd6ox3v5kb2h7/AHFVTzRff4ZzbZp-njSCjfk?rlkey=86gv0les7qrrjrkinpjf5e8xi&dl=0

Listed by COLDWELL BANKER UNITED

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(780) 722-5994

menakakumburutenne@gmail.com

Unit 308, 1800 14A Street SW, Calgary, Alberta, T6R 3J9, CAN

8706 Franklin AVE Fort Mcmurray, AB T9H 2J6