• $649,900
  • Business

Description

NOW HERE'S AN OPPORTUNITY FOR THE SAVVY INVESTOR! Zoning FRA 1 Franklin Core (mixed/transitional Commercial District) - Previously approved by RMWB but no loinger in place. General Overview: Building on the existing large-format commercial and retail base and its proximity to the riverfront park system, this district will be re-urbanized to allow for more diverse, medium density mixed-use development in a pedestrian-friendly setting that will give people a greater variety of activities to enjoy.Can build 10 stories high. Included in the price are the Drawings for a 24,000 sqft commercial building, 4800 sqft Commercial rental units, 12,000 sqft 2nd story office space and 8200 sqft of Covered main parking. Many opportunities here. Seller is currently getting $2,000 rent on land from adjacent business parking on property.
  • Overview

  • On Market DateApril 4, 2019
  • MLS®FM0161828
  • Lot Size15823.00 Sq Ft
  • Depth78.00
  • ZoningFRA1 franklin core
  • NeighbourhoodDowntown
  • Ownership TypeFee Simple
  • Taxes$6,862
  • Primary BrokerCOLDWELL BANKER FORT MCMURRAY
  • Agent

  • LISA HARTIGANCOLDWELL BANKER FORT MCMURRAY
    (780) 714-5050

The information contained herein is assumed to be correct but is not guaranteed by the Listing Agent or Publisher and should be verified.