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$899,900
Est. payment /mo
2,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000.0
Square Footage 2,000 sqft
Price per Sqft $449
MLS Listing ID A2237694
HOA Y/N No
Year Built 1970
Lot Size 10.630 Acres
Acres 10.63
Property Sub-Type Apartment
Property Description
Investment Opportunity! Prime 10-acre parcel with excellent highway frontage on busy Highway 2 between High Prairie and Slave Lake. This property offers incredible development potential for multi-family housing, a gas station, convenience store, truck stop, or retail plaza—all just 10 minutes from the new hospital in High Prairie. As the regional hub for healthcare, education, government, retail, and transportation, High Prairie is experiencing growing demand for housing and services. Adding to the value, the property includes a fully rented 8-plex generating $76,800 in annual gross revenue, providing immediate cash flow while you develop the remaining land. Don't miss this chance to bring your vision to life in a high-traffic, high-growth area.
Location
Province AB
County 0506
Area High Prairie
Zoning HR
Interior
Fireplace No
Exterior
Total Parking Spaces 10
Garage No
Building
Dwelling Type Low Rise (2-4 stories)
Story 1
Others
Restrictions None Known
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Listed by Grassroots Realty Group Ltd.