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Investment Highlights
- Hard corner redevelopment site with signalized intersection and strong visibility
- Existing operating convenience store with owner-user or repositioning potential
- Strong infill location within central Lakewood
- 0.52-acre parcel zoned M-G-U allowing mixed-use or multifamily development
- High-traffic location along Sheridan Blvd with excellent access
- Flexible site suitable for redevelopment or continued operation
Executive Summary
High-visibility corner property along Sheridan Blvd featuring a currently operating convenience store. The existing business provides an opportunity for an owner-user to continue operations and improve performance, while the underlying 0.52-acre parcel offers strong long-term redevelopment potential. Zoned M-G-U (Mixed Use – General Urban), the site allows for a variety of uses including retail, commercial, and potential mixed-use or multifamily redevelopment. Positioned within the Colfax corridor with strong traffic counts and ongoing area investment, this property offers flexibility for both operators and developers seeking an infill location.
Property Facts
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,511 SF
Building Class
C
Year Built
1955
Price
$1,642,200 CAD
Price Per SF
$654.00 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.52 AC
Zoning
M-G-U - Mixed Use-General-Urban
Amenities
- 24 Hour Access
- Corner Lot
- Signalized Intersection
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-121-00-113 | Improvements Assessment | $148,454 CAD |
| Land Assessment | $77,698 CAD | Total Assessment | $226,151 CAD |
Property Taxes
Parcel Number
49-121-00-113
Land Assessment
$77,698 CAD
Improvements Assessment
$148,454 CAD
Total Assessment
$226,151 CAD
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105 Sheridan Blvd
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