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Fort Saskatchewan Freestanding Building 10208 99 Av 2,786 SF 100% Leased Retail Building Fort Saskatchewan, AB T8L 1Y1 $849,000 CAD ($304.74 CAD/SF)
Investment Highlights
- Fully built-out with kitchen, bar, storage, and office.
- Total seating for 112 (72 indoor + 40 on the outdoor patio).
- Roof updates completed in 2021 and 2023.
Executive Summary
The Opportunity:
Acquire a rare, freestanding commercial building in the heart of Fort Saskatchewan’s vibrant downtown core. Strategically located along 99 Avenue—a primary arterial corridor-this property offers maximum brand exposure and high traffic counts.
Currently vacant and fully demised for restaurant or lounge use, the building provides a turnkey solution for an owner user looking to launch immediately. Enjoy the benefits of full asset control with zero condo fees in a prime, high-visibility location.
Building Highlights:
• Turn-Key Restaurant: Fully built-out with kitchen, bar, storage, and office.
• Capacity: Total seating for 112 (72 indoor + 40 on the outdoor patio).
• Recent Upgrades: Extensive renovations over the last 8 years, including epoxy flooring and upgraded finishes.
• Infrastructure: 200-amp service, new windows/doors, and two 10-year-old forced air gas furnaces.
• Recent Maintenance: Roof updates completed in 2021 and 2023.
Acquire a rare, freestanding commercial building in the heart of Fort Saskatchewan’s vibrant downtown core. Strategically located along 99 Avenue—a primary arterial corridor-this property offers maximum brand exposure and high traffic counts.
Currently vacant and fully demised for restaurant or lounge use, the building provides a turnkey solution for an owner user looking to launch immediately. Enjoy the benefits of full asset control with zero condo fees in a prime, high-visibility location.
Building Highlights:
• Turn-Key Restaurant: Fully built-out with kitchen, bar, storage, and office.
• Capacity: Total seating for 112 (72 indoor + 40 on the outdoor patio).
• Recent Upgrades: Extensive renovations over the last 8 years, including epoxy flooring and upgraded finishes.
• Infrastructure: 200-amp service, new windows/doors, and two 10-year-old forced air gas furnaces.
• Recent Maintenance: Roof updates completed in 2021 and 2023.
Property Facts
Sale Type
Investment
Property Type
Building Size
2,786 SF
Building Class
C
Year Built
1949
Price
$849,000 CAD
Price Per SF
$304.74 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.61
Lot Size
0.10 AC
Zoning
CC-D - Core Commercial Downtown
Frontage
39’ on 99 Avenue
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Very bikeable
80/100
Nearby Major Retailers
TD Canada Trust
1 of 6
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Fort Saskatchewan Freestanding Building | 10208 99 Av
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