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Executive Summary
An exceptional opportunity awaits with this commercial outparcel prominently positioned at the highly visible signalized intersection of Hwy 27/441 and Hwy 301 in Belleview — one of the most desirable commercial corners in the market. Offered for sale at $1,800,000, this premier site at 1.17 acres includes a Class A ±1,958 SF office and offers outstanding visibility, access, and frontage along two major highways with strong daily traffic counts and established surrounding commercial activity.
The proposed parcel configuration was intentionally designed to maximize highway frontage while increasing the amount of impervious area exempt from drainage requirements under City ordinance, creating additional development flexibility for a future owner-user, investor, or redevelopment opportunity. The layout also allows for the relocation of the existing ice house to the rear of the neighboring Ellianos parcel. In addition, valuable impact fee credits for water, sewer, and transportation are expected to transfer from the site’s previous Waffle House use, potentially reducing future development costs.
Surrounded by national retailers, restaurants, medical users, and growing residential development, this property is ideally suited for QSR, retail, medical, professional office, financial services, or mixed commercial uses. While the owner’s preference is to sell the property, a ground lease opportunity may also be considered for qualified users.
The proposed parcel configuration was intentionally designed to maximize highway frontage while increasing the amount of impervious area exempt from drainage requirements under City ordinance, creating additional development flexibility for a future owner-user, investor, or redevelopment opportunity. The layout also allows for the relocation of the existing ice house to the rear of the neighboring Ellianos parcel. In addition, valuable impact fee credits for water, sewer, and transportation are expected to transfer from the site’s previous Waffle House use, potentially reducing future development costs.
Surrounded by national retailers, restaurants, medical users, and growing residential development, this property is ideally suited for QSR, retail, medical, professional office, financial services, or mixed commercial uses. While the owner’s preference is to sell the property, a ground lease opportunity may also be considered for qualified users.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
1,958 SF
Building Class
A
Year Built
1977
Price
$2,470,464 CAD
Price Per SF
$1,261.73 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,958 SF
Building FAR
0.04
Lot Size
1.17 AC
Zoning
B4 - Commercial
Parking
30 Spaces (15.32 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
40/100
Moderately drivable
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $341,192 CAD | |
| Land Assessment | $334,797 CAD | Total Assessment | $714,369 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$334,797 CAD
Improvements Assessment
$341,192 CAD
Total Assessment
$714,369 CAD
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