$1,550,000
$1,750,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
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
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
NEWLY LISTED IN THE CALGARY AREA
- New NW Single Family Homes
- New NW Townhomes and Condos
- New SW Single Family Homes
- New SW Townhomes and Condos
- New Downtown Single Family Homes
- New Downtown Townhomes and Condos
- New East Side Single Family Homes
- New East Side Townhomes and Condos
- New Calgary Half Duplexes
- New Multi Family Investment Buildings
- New Calgary Area Acreages
- Everything New in Cochrane
- Everything New in Airdrie
- Everything New in Canmore
- Everything Just Listed
- New Homes $100,000 to $400,000
- New Homes $400,000 to $1,000,000
- New Homes Over $1,000,000