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Renanza Realty
For sale

718 Broadway Street

Standard, Alberta

MLS® A2345737

$120,000

Status
Active
Property type
Business
MLS® number
A2345737
Bedrooms
Bathrooms
Year built
1945

Listing description

A unique commercial redevelopment opportunity in the heart of Standard, Alberta. Situated on an impressive approximately 150' x 130' corner parcel, this property encompasses six lots and offers substantial space for a future vision. The property is being offered for the land and existing building only — no operating business is included in the sale.

The existing two-storey former hotel building includes a variety of spaces that historically accommodated guest rooms, residential-style accommodations, a commercial kitchen, bar and banquet areas, laundry facilities and a full basement. A selection of existing furnishings, kitchen and bar equipment, fixtures and renovation materials currently on site are also included. With its prominent downtown location, substantial lot size and existing commercial improvements, this property presents an opportunity for redevelopment or repurposing, subject to municipal approval, zoning and the buyer's intended use.

Property and all existing improvements, furnishings and equipment are being sold AS IS, WHERE IS. The existing structure is in poor condition and access may be restricted. No representations or warranties are made regarding the condition, measurements, functionality or suitability of the building or improvements.

Buyers are responsible for completing their own due diligence regarding the property, building condition, zoning, permitted uses, servicing and redevelopment potential.

Property summary

MLS® number
A2345737
Property type
Business
Square footage
5,690 sq ft
Title
Freehold
Land size
19851 square feet
Built in
1945
Annual property taxes
$872.00
Parking
10 spaces
Days on market
3 days

Features & details

Heating
Forced air

What would this home cost you?

Based on the $120,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$558 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Key, CHESTERMERE.

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.