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5-7 Broadway Rise

1.51 - 1.76 Acre Commercial Land Lots Offered at £257,763 - £300,439 Per Lot in Sylvan Lake, AB T4S 0H1

Commercial Land Alberta Sylvan Lake 5-7 Broadway Rise, Sylvan Lake, AB T4S 0H1

Investment Highlights

  • R3 zoning permits these uses: Accessory Buildings, Apartments, Four-plexes, Row Housing, Stacked Row House, Triplex.
  • Currently (2) apartment buildings are located on north and west side of Block 1.
  • Situated on the corner of Highway 781 and Memorial Trail in Sylvan Lake.

Executive Summary

Up to 3.27 acres of multi-family land ready for development, situated on the corner of Highway 781 and Memorial Trail in Sylvan Lake. Currently (2) apartment buildings are located on north and west side of Block 1. Sylvan Lake is a vibrant lakeside community, that has a population of 16,802 (2022). Boasting around 1 million visitor makes Sylvan Lake a sought after destination. Located only 25 KM west of Red Deer and in between Edmonton and Calgary

Attachments

Brochure

Property Facts

Price £257,763 - £558,202 Property Subtype Commercial
Sale Type Investment Proposed Use
Hospitality
  • Restaurant
No. Lots 2 Total Lot Size 3.27 AC
Property Type Land
Price £257,763 - £558,202
Sale Type Investment
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use
Hospitality
  • Restaurant
Total Lot Size 3.27 AC

2 Lots Available

Lot Block 2

Price £257,763 Lot Size 1.51 AC
Price Per AC £170,704
Price £257,763
Price Per AC £170,704
Lot Size 1.51 AC

Block 2: 1.51 Acres. Property taxes: Block 2: $3,107.94.

Lot Bock 3

Price £300,439 Lot Size 1.76 AC
Price Per AC £170,704
Price £300,439
Price Per AC £170,704
Lot Size 1.76 AC

Block 3: 1.76 Acres. Property Taxes: Block 3: $3,435.58.

Description

Up to 3.27 acres of multi-family land ready for development, situated on the corner of Highway 781 and Memorial Trail in Sylvan Lake. Currently (2) apartment buildings are located on north and west side of Block 1. Sylvan Lake is a vibrant lakeside community, that has a population of 16,802 (2022). Boasting around 1 million visitor makes Sylvan Lake a sought after destination. Located only 25 KM west of Red Deer and in between Edmonton and Calgary.

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zoning

Zoning Code R3 (High Density Residential Dsitrict)
R3 (High Density Residential Dsitrict)
(403) 314-6187

  • Listing ID: 30322098

  • Date on Market: 08/12/2023

  • Last Updated:

  • Address: 5-7 Broadway Rise, Sylvan Lake, AB T4S 0H1

The Land Property at 5-7 Broadway Rise, Sylvan Lake, AB T4S 0H1 is currently available For Sale. Contact Salomons Commercial for more information.

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© 2024 CoStar Group

5-7 Broadway Rise
(403) 314-6187 x

5-7 Broadway Rise

Brett Salomons

(403) 314-6187

(403) 314-6187

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