Steps from the beach and commercial businesses in an unbeatable location! Fabulous redevelopment property zoned RW-DC. This large lot fronts onto both 47th and 48th street (See photos for lot), similar lots on these streets have been redeveloped with a two full duplexes, one facing each street making it possible to have 4 rental properties or owner occupied residences (Subject to subdivision approval). Also would make a great lot for one residence, residence with a suite, multi-family building (all subject to approval). This zoning also allows retail and commercial services. The property currently rents for $875 per month (tenant pays gas and electricity) so you could hold this property with income until such time as you redevelop. Don't miss this opportunity to own a property with many possibilities!
The data included in this display is deemed reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association.
The real estate listing information and related content displayed on this site is provided exclusively for consumers. personal, non-commercial use and, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate.