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Active
$1,850,000
191 Ordze Avenue
Sherwood Park
MLS® #45472300
- 3,265 Sqft
- 29,055 square feet
- Built 1946
- Office
- ✓ 36+ Parking Spaces
- ✓ Spacious Layout
- ✓ Real Lot Size Listed
Excellent investment opportunity in Sherwood Park’s established Wye Road commercial district. Situated on 0.667 acres along Ordze Avenue, this strategically located property offers excellent exposure and convenient access to Wye Road, Sherwood Drive and Anthony Henday Drive. The site features a two-storey multi-tenant office building with a combination of existing tenancy and available space, offering flexibility for investors and owner-users. The building offers +/-3,265 SF across the main floor, upper level and attached garage, plus an additional +/-1,235 SF of basement space, providing valuable additional space and flexibility. The property has also benefited from several recent improvements, including interior updates and a new A/C unit. A large paved lot provides ample on-site parking, with a portion currently leased to a neighbouring business, providing an additional income component. Surrounded by established retail, restaurants, professional services and commercial uses, the property is well positioned within one of Sherwood Park’s most active commercial areas. Zoned DC19 Area A, this sizeable commercial site offers an attractive combination of existing improvements, current income and longer-term redevelopment potential. (id:66619)
Features
Interior
3,265 sqft
Lot
29,055 square feet
Parking
36 spaces
Year Built
1946
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
Estimate Your Payment
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Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
Interested in this property?
Contact Kirsten Bernal for more information or to arrange a showing.
Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.
