88 Portage Avenue
$199,000
PRIME TOWN CENTRE REDEVELOPMENT OPPORTUNITY
16,553 SQ. FT. SITE IN THE HEART OF FORT SMITH
Think beyond the existing building — this is an opportunity to reimagine a substantial property in Fort Smith’s central commercial core.
Formerly the site of the well-known Field Store, this large 16,553 sq. ft. property offers an established central location close to major amenities, businesses, services and the heart of the community.
Zoned TC – Town Centre, the property offers flexibility for a wide variety of commercial uses, making it an exciting option for an investor, developer or business looking for a significant footprint in a central location.
The value here is in the redevelopment potential. Consider the possibilities for a new commercial project, professional or service-based development, retail concept, or other use permitted under the Town Centre zoning.
The existing structure includes a full basement with an 8″ concrete floor and 10″ concrete block walls; however, the property is being marketed primarily as a redevelopment/tear-down opportunity and is offered “as is, where is.”
A Hazardous Building Materials Assessment is available to qualified buyers.
16,553 sq. ft. of centrally located land. Flexible Town Centre zoning. A property ready for its next chapter.
Bring your plans. Bring your vision. Redevelop a piece of Fort Smith’s commercial core.
Showings available with notice.
Contact Della Fraser at 867-445-4010 for further information or to arrange a viewing.
Details
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Address88 Portage Avenue
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LocationFt. Smith
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Price$199,000
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Taxes$6,630.34
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Lot Size16,553 sq. ft.
Mortgage Calculator
Rate: 5% |
5% Down |
10% Down |
15% Down |
20% Down |
25% Down |
|---|---|---|---|---|---|
Down Payment |
$9,950 |
$19,900 |
$29,850 |
$39,800 |
$49,750 |
10 Years |
$2,000 |
$1,895 |
$1,790 |
$1,685 |
$1,579 |
15 Years |
$1,490 |
$1,412 |
$1,333 |
$1,255 |
$1,176 |
20 Years |
$1,242 |
$1,177 |
$1,112 |
$1,046 |
$981 |
25 Years |
$1,100 |
$1,042 |
$984 |
$926 |
$868 |
MONTHLY PAYMENTS ARE BASED ON A FIVE (5) YEAR TERM AT A RATE OF 5%. CMHC FEES NOT INCLUDED. |
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