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:58665)
8706 Franklin AvenueFort Mcmurray, Alberta, T9H2J6
Listing Details
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
- Legal Description (Lot):
- 3
- 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
About The Area
Area Description
Downtown Fort McMurray, also known as Lower Town Site, is the heart of this never stopping town. Highway 63 runs along the west side, with access to the north end of Fort McMurray and the Oil Sand sites. Living in the center of Fort McMurray puts you in the hustle and bustle of this thriving downtown community. Plus, you'll enjoy all of the major amenities within minutes of your home.
The living choices in the downtown are widely spread. First, you'll find condos with underground parking. Then you might look for townhomes with attached garages or assigned parking. Finally, you can also view single family homes with driveways or garages. There are options to live on the main street, or just off to the side where you can still have your quite small neighbourhood feel with the luxury of zero commuting to the downtown area. With multitude of options in the downtown area we will be able to give you many choices for your new home.
The downtown area offers all kinds of dining options, varying from fast food to 5-star dining experiences. There are many shopping malls; including Peter Pond Mall, River City Centre and Plaza 1. Residents enjoy many well-known stores and small local boutiques as well. You will only be seconds away from a world class recreational facility, MacDonald Island Park, which offers every type of sport and wellness class to sooth the soul. There are also many parks and walking trails, along the east side of the downtown, which is situated along the Clearwater River, giving the neighbourhood a very picturesque look and feel.
Three schools, including Keyano College, serve the downtown area. The downtown community also enjoys large playgrounds, tennis courts, soccer fields, and baseball diamonds.
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