New Listing
155 Highfield Street, Fort McMurray
$489,900 - 4 Beds, 2 Baths, 1,073 Sf
MLS® # A2185845
RE/MAX FORT MCMURRAY
101 Fraser Avenue, Fort McMurray
$450,000
5 Beds
2 Baths
1,055 Sqft
.17 Acres
1 Garages
Prime Downtown Multi-Use Commercial Property
Discover an exceptional opportunity with this versatile property, uniquely positioned in a high-traffic, high-visibility downtown location. Zoned for commercial use, this property currently features a residential house with both upstairs and basement suites, along with a double car detached garage. Ideal for entrepreneurial spirits, it offers a flexible setup that allows you to live on-site in the basement while operating your business on the main level, or alternatively, transform the property entirely to suit your vision.
With existing tenants in place, this property generates cash flow from day one, making it a savvy investment while you plan for its future potential. Originally envisioned as part of a larger redevelopment project, individual lots are now available for entrepreneurs to create their own unique business spaces.
The property’s prominent corner location is perfect for a range of service-based businesses—whether a nail salon, barber shop, boutique retail, or other ventures looking to capitalize on the visibility and traffic flow. This is more than just a location; it’s a foundation for building equity and growing your business footprint in a prime area.
Highlights:
• Zoning: Commercial on a residential structure
• Location: High-traffic downtown corner with excellent visibility
• Current Setup: Upstairs and basement suites, double detached garage
• Investment Potential: Immediate cash flow from existing tenants
• Ideal For: Retail, salon, barber shop, service-based businesses
• Future Development: Opportunity to redevelop or remodel to enhance commercial use
Seize this chance to transition from renting to owning, enhance your business presence, and establish lasting assets in a premier downtown location.
Essential Information
MLS® #A2174816
Price$450,000
Bedrooms5
Bathrooms2.00
Full Baths2
Square Footage1,055
Acres0.17
Year Built1967
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address101 Fraser Avenue
SubdivisionDowntown
CityFort McMurray
CountyWood Buffalo
ProvinceAlberta
Postal CodeT9H 1Y9
Amenities
Parking Spaces6
ParkingConcrete Driveway, Parking Pad
# of Garages1
Interior
Interior FeaturesSee Remarks
HeatingForced Air, Natural Gas
CoolingCentral Air
Has BasementYes
BasementExterior Entry, Finished, Full
Appliances
Dishwasher, Refrigerator, Stove(s), Washer/Dryer
Exterior
Exterior FeaturesPrivate Yard
RoofAsphalt
ConstructionOther, Wood Frame
FoundationPoured Concrete
Lot Description
Corner Lot, Standard Shaped Lot
Additional Information
ZoningSCL1
Listing Details
OfficeRE/MAX FORT MCMURRAY
LISTING MAP
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