Sherwood Park, AB T8A 4E7,51 Kaska RD
Sherwood Park, AB T8A 4E7,51 Kaska RD
Sherwood Park, AB T8A 4E7,51 Kaska RD
Sherwood Park, AB T8A 4E7,51 Kaska RD
Sherwood Park, AB T8A 4E7,51 Kaska RD
Sherwood Park, AB T8A 4E7,51 Kaska RD
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$1,550,000

$1,750,000

11.4%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 05/07/2025

Key Details

Sold Price $1,550,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Subdivision Broadmoor Centre

MLS® Listing ID A2180737

Sold Date 05/07/25

Year Built 1981

Annual Tax Amount $17,117

Tax Year 2024

Property Sub-Type Retail

Source Calgary

Property Description

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.

Location

Province AB

County Strathcona County

Zoning C5

Exterior

Total Parking Spaces 35

Others

Restrictions None Known

Tax ID 56614988

Ownership Private

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Justin Newman

Justin Newman

Happy House Hunting

+1(403) 668-1272

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by CIR Realty

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Justin Newman

License ID: 00540392

+1(403) 668-1272

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REVIEWS & TESTIMONIALS

Justin was prompt with his responses and clear with expectation for the process. It was a smooth and enjoyable selling experience with him. I have worked with couple other realtors before and I can say with confident Justin would be who I will use for any of my future transaction.

Gyann Yiu