Listing Provided Courtesy Of:
Courtesy of Eireann Rochefort of RE/MAX Elite.
Address
5200 44 ST Redwater, AB
Price
$ 1,335,000
Property Attributes
  • Listing#E4225571
  • TypeCommercial
  • CityRedwater
  • AreaSturgeon
  • NeighbourhoodRedwater
  • Postal CodeT0A 2W0
  • StyleLand Commercial
  • Price$ 1,335,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size74 Acres
Listing Provided Courtesy Of:
Courtesy of Eireann Rochefort of RE/MAX Elite.
Data Source:
Canada - Realtors Association Of Edmonton (EREB) - 166 - CAN
Property Description

**JUDICIAL SALE** SOLD AS IS WHERE IS 74.08 acres of prime development land within the town of Redwater with an additional 6 acres available on a separate title($4000 a year lease revenue). Listed at Appraised value as of Nov 2020 this parcel is Zoned industrial M2 allowing for a variety of industrial and commercial uses including cannabis operations. This parcel is adjacent to a 90 acre parcel that has a current application in for final approval of a new Area Structure Plan that will allow the subdivision of 1-3 larger industrial lots (12 acres) in phase 1 and 39 smaller individual industrial commercial lots in phase 2. All utilities to the property line and potential to reinstate the historic rail line. A great investment for a savvy investor with a finger on the Heartbeat of the Heartland.

General Features

Community Redwater
Listing Area Sturgeon
Section 29
Status ACTIVE
Type Land Commercial

Exterior Features

Public Remarks **JUDICIAL SALE** SOLD AS IS WHERE IS 74.08 acres of prime development land within the town of Redwater with an additional 6 acres available on a separate title($4000 a year lease revenue). Listed at

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in T0A 2W0

Statistics provided by Inside Real Estate

Price
AVG $520K
$1.34M
Visits
AVG 354
24
Walkscore
AVG 22
8
Data Provided by Walkscore ® not using MLS data

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