191 Ordze Avenue Sherwood Park, Alberta T8B 1M6

3,265 sqft

$1,850,000

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:63476)

Property Details

MLS® Number 45472300
Property Type Office
Parking Space Total 36

Building

Constructed Date 1946
Size Interior 3,265 Sqft

Land

Acreage No
Size Irregular 29054.52
Size Total 29054.52 Sqft|1/2 - 1 Acre
Size Total Text 29054.52 Sqft|1/2 - 1 Acre

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