This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

5-7 Broadway Rise

1.51 - 1.76 Acre Commercial Land Lots Offered at $459,465 - $535,535 CAD Per Lot in 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 $459,465 - $995,000 CAD
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 $459,465 CAD
Price Per AC $304,281 CAD
Lot Size 1.51 AC

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

Lot Bock 3

Price $535,535 CAD
Price Per AC $304,281 CAD
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.

zoning

Zoning Code R3 (High Density Residential Dsitrict)
R3 (High Density Residential Dsitrict)
  • Listing ID: 30322098

  • Date on Market: 2023-12-08

  • Last Updated:

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

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}