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INVESTMENT HIGHLIGHTS
- 51,000 SF lot with 300 feet of frontage on Cedar Crest
- CR zoning allows for many uses. Among others, Community Retail allows for general merchandise or food store, liquor store, gas station, bank, child ca
- 3066 SF building houses offices and a garage.
- Area is developing around this property with new townhomes and a new 25 acre park that is one block south.
- Currently holds a CO for mechanic and towing dispatch. With the zoning, and proximity to 35E and downtown, there are multiple possibilities.
- New updates to building in the last five years include a new roof, and upgrades to the office, including a kitchen, and electrical among others.
EXECUTIVE SUMMARY
51,000 SF property with approximately 300 feet of frontage on Cedar Crest. With the zoning, and proximity to 35E and downtown, there are multiple possibilities for this property. 3066 SF building includes three offices and a shop area. A new roof was installed within the last 5 years, along with electrical, water heater, and other updates. Current CO is under mechanic and towing dispatch. The property is near downtown, with development continuing in this area. There are new townhomes, restaurants, and in the block south of this property is a new park under construction. The Roland G. Parrish Park will be 25 acres, including an athletic field and playground. The zoning is CR, Community Retail. There are numerous uses for this zoning district. The most northern section of this lot is partially in a flood zone.
PROPERTY FACTS
| Price | $1,535,512 CAD | Rentable Building Area | 3,066 SF |
| Price Per SF | $500.82 CAD | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1954 |
| Property Type | Flex | Tenancy | Single |
| Lot Size | 1.19 AC | ||
| Zoning | CR-Community Retail - CR zoning allows for many uses. Among others, Community Retail allows for general merchandise or food store, liquor store, gas station, and bank. | ||
| Price | $1,535,512 CAD |
| Price Per SF | $500.82 CAD |
| Sale Type | Owner User |
| Property Type | Flex |
| Lot Size | 1.19 AC |
| Rentable Building Area | 3,066 SF |
| No. Stories | 1 |
| Year Built | 1954 |
| Tenancy | Single |
| Zoning | CR-Community Retail - CR zoning allows for many uses. Among others, Community Retail allows for general merchandise or food store, liquor store, gas station, and bank. |
UTILITIES
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3030 Cedar Crest Blvd
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