• $7,500,000
  • 34,915 square feet

Property Description

12.5% Cap Rate- Plaza One Shopping Mall; located in the heart of downtown Fort McMurray in the major business hub which Includes neighboring businesses like Walmart, The Brick, Staples, Canadian Tire, Sobeys and much more. Right next door is the River Pointe Shopping Centre. This Strip mall shopping Centre development is 34,915 leasable sqft sitting on 2.31 Acres which is currently occupied by multiple tenants and is being used for various commercial retail, professional office (Dentist, Accountant, Lab), food service and other related uses. It consists of 2 buildings the first of which is a 33,600 concrete block structure with main level & upper level & basement level spaces which was built in stages starting in 1970, 1974 & 1997 to which you have today more details can be provided on this. The second free-standing building was built in 1998 and then added too in 2006 for a total of 5,100sqft. The building has been well maintained with many improvements. The Parking lot is paved asphalt and has excellent parking + you have large Pylon sign & the parking lot at the rear runs all the way down to the corner of Manning & Riedel. The property has access front, rear and side entry access for easy traffic flow. Property has been well occupied and continues to be well occupied due to its exceptional location amongst the major business hub in downtown Fort McMurray; which drives customers and traffic to this location. (id:58666)

Property Details

Full Address:
8706 Franklin Avenue, Fort McMurray, Alberta
Price:
$ 7,500,000
MLS Number:
A2247352
List Date:
August 9th, 2025
Neighbourhood:
Downtown
Building Size:
34915 sq.ft.
Lot Size:
2.31 ac
Year Built:
1975
Taxes:
$ 41,917
Listing Tax Year:
2025

Interior Features

Air Conditioning:
Central air conditioning
Heating:
Forced air, Natural gas, See remarks

Building Features

Foundation:
Poured Concrete, See Remarks, Slab
Building Size:
34915 sq.ft.
Exterior:
Concrete, Brick, See Remarks
Legal Description:
12
Taxes:
$ 41,917

Floors

Finished Area:
34915 sq.ft.
Main Floor:
34915 sq.ft.

Land

Lot Size:
2.31 ac
Road Type:
Paved road

Neighbourhood Features

Ratings

Commercial Info

Location

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