191 Ordze Avenue
Sherwood Park, Alberta
MLS® 45472300
$1,850,000
- Status
- Active
- Property type
- Office
- MLS® number
- 45472300
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1946
1 / 27Listing description
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.
Property summary
- MLS® number
- 45472300
- Property type
- Office
- Size
- 3,265 sq ft
- Land size
- 29054.52 square feet
- Built in
- 1946
- Parking
- 36 spaces
- Days on market
- 40 days
What would this home cost you?
Based on the $1,850,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage Noralta Real Estate, Spruce Grove.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.