8706 Franklin Avenue, Fort McMurray

2025-08-09
 

Quick Summary

Location
8706 Franklin Avenue, Fort McMurray, Alberta T9H2J6
Price
$7,500,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
34915 sqft
Year of Construction:
1975
Video Link:

MLS®#A2247352

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:32467)

Property Features

Building

  • Cooling Type: Central air conditioning
  • Exterior Finish: Brick, Concrete, See Remarks
  • Fireplace: No
  • Interior Size: 34915 sqft
  • Building Type: Retail

Features

  • Feature: See remarks

Land

  • Land Size: 2.31 ac|2 - 4.99 acres

Zoning

  • Description: FRA1

Information entered by COLDWELL BANKER UNITED
Listing information last updated on: 2025-08-22 16:31:59


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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