Commercial Real Estate in Wood Buffalo available for sale
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Commercial Properties for Sale in Wood Buffalo

Wood Buffalo Commercial Property for Sale

More details for 281 Falconer Cres, Fort McMurray, AB - Land for Sale

L. Roberts Industrial Park-Lot 9 - 281 Falconer Cres

Fort McMurray, AB T9H 0G3

  • Land for Sale
  • 4.99 AC Lot
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More details for 10015 Main St, Fort McMurray, AB - Specialty for Sale

10015 Main St

Fort McMurray, AB T9H 2G4

  • Specialty for Sale
  • $800,000 CAD
  • 32,390 SF
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More details for 8720 Franklin Ave, Wood Buffalo, AB - Multifamily for Sale

8720 Franklin Ave

Wood Buffalo, AB T9H 3K8

  • Multifamily for Sale
  • $12,200,000 CAD
  • 66,000 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Smoke Detector

Wood Buffalo Multifamily for Sale

Franklin Place presents a compelling turnkey investment opportunity in the heart of Fort McMurray, Alberta’s energy capital. This fully renovated mixed-use property features 44 residential units and 12 commercial bays totaling 16,837 square feet of retail and office space. With 100% occupancy across both components, the asset delivers immediate in-place cash flow and long-term upside potential. The residential suite mix includes bachelor, one-bedroom, and bi-level two-bedroom units, with shared laundry, large balconies, in-suite storage, and 9-foot ceilings. Commercial tenants benefit from air-conditioned bays and high visibility along Franklin Avenue, the city’s primary commercial corridor. The building underwent extensive renovations in 2019, including new mechanicals, modernized interiors, updated roofing, and refreshed common areas, minimizing near-term capital requirements. Strategically located within walking distance of major amenities such as Walmart, Canadian Tire, and Northern Lights Regional Health Centre, the property offers direct access to Highway 63 and public transit routes. The surrounding neighborhood supports a stable tenant base of healthcare professionals, tradespeople, and students. Fort McMurray’s multifamily fundamentals are strong, with average household incomes nearing $189,000, a 4.9% annual population growth, and tightening rental vacancy rates. With residential rents currently averaging 20% below market, investors have a clear path to revenue growth through lease turnover and rate optimization.

Contact:

Avison Young

Property Subtype:

Apartment

Date on Market:

2025-08-25

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More details for 380 Mackenzie Blvd, Fort McMurray, AB - Industrial for Sale

380 Mackenzie Blvd

Fort McMurray, AB T9H 4C4

  • Industrial for Sale
  • $459,900 CAD
  • 3,329 SF
  • 1 Unit Available
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More details for 18 Parsons Crk, Fort McMurray, AB - Land for Sale

Parcel 18 - Plan 1422879 Block 18 Lot 1 - 18 Parsons Crk

Fort McMurray, AB T9K 0X9

  • Land for Sale
  • $6,250,000 CAD
  • 8.06 AC Lot
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More details for Lot 138 Fort Mckay Industrial Pk, Wood Buffalo, AB - Industrial for Sale

Lot 138 Fort Mckay Industrial Pk

Wood Buffalo, AB T9H 3G6

  • Industrial for Sale
  • $2,900,000 CAD
  • 16,200 SF
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More details for Multi Tenant Industrial Park – Industrial for Sale

Multi Tenant Industrial Park

  • Industrial for Sale
  • $26,000,000 CAD
  • 77,576 SF
  • 3 Industrial Properties
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More details for 10217 Queen St, Fort McMurray, AB - Office for Sale

10217 Queen St

Fort McMurray, AB T9H 5S5

  • Office for Sale
  • $799,000 CAD
  • 7,718 SF
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More details for 190 Tamarack Way, Fort McMurray, AB - Specialty for Sale

Hillcrest Montessori Elementary School - 190 Tamarack Way

Fort McMurray, AB T9K 1A6

  • Specialty for Sale
  • 39,817 SF
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More details for 340 Falconer Cres, Fort McMurray, AB - Land for Sale

L. Roberts Industrial Park-Lot 7 - 340 Falconer Cres

Fort McMurray, AB T9H 0G3

  • Land for Sale
  • 1.97 AC Lot
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More details for 371 Falconer Cres, Fort McMurray, AB - Land for Sale

L. Roberts Industrial Park-Lot 4 - 371 Falconer Cres

Fort McMurray, AB T9H 0G3

  • Land for Sale
  • 1.51 AC Lot
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More details for 310 Falconer Cres, Fort McMurray, AB - Land for Sale

L. Roberts Industrial Park-Lot 2 - 310 Falconer Cres

Fort McMurray, AB T9H 0G3

  • Land for Sale
  • 1.95 AC Lot
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More details for 320 Falconer Cres, Fort McMurray, AB - Land for Sale

L. Roberts Industrial Park-Lot 3 - 320 Falconer Cres

Fort McMurray, AB T9H 0H9

  • Land for Sale
  • 1.48 AC Lot
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Commercial Properties for Sale in Wood Buffalo

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How many commercial properties are available for sale in Wood Buffalo?
There are currently 36 commercial properties available for sale in Wood Buffalo, offering a unique opportunity for businesses to establish a presence.
How big are the commercial properties available for sale in Wood Buffalo?
The average size of commercial properties available for sale in Wood Buffalo is about 29,580 SF. The largest commercial properties available to buy is 77,576 SF and the smallest is 1,584 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for commercial properties in Wood Buffalo?
The average market cap rate for commercial properties for sale is about 8.36% based on data provided in Wood Buffalo. Learn more about how cap rates are calculated.