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Courtesy of Faisal Rajan of MaxWell Progressive

51 Kaska Road
Broadmoor Centre Sherwood Park T8A 4E7

$1,750,000
Retail

Main Photo: 51 Kaska Road: Sherwood Park Retail for sale : MLS®# E4414804
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Status:
Active
Prop. Type:
Retail
MLS® Num:
E4414804
Build. Type:
See Private Remarks
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.
Transaction Type:
For Sale
Property Type:
Retail
Construction:
See Remarks
Building Type:
See Private Remarks
# Units:
0
Tot Pkg Spaces:
35
Year built:
1981 (Age: 43)
Total Floor Area:
2,292 sq. ft.
Lot Area:
0 sq. ft.
Plan:
7822632
Title to Land:
Freehold
LINC Number:
0010873610
Num. of Parcels:
1
Days On Website:
8 day(s)
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Data was last updated December 3, 2024 at 06:30 AM (UTC)
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