Multi Unit Residential Buildings for Sale in Canada
1-8, 1504 Railway Avenue Rural Big Lakes County, Alberta T0G 0W0
$899,900
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. (id:61635)
Property Details
| MLS® Number | A2237694 |
| Property Type | Multi-family |
| Parking Space Total | 10 |
Building
| Constructed Date | 1970 |
| Construction Style Attachment | Attached |
| Stories Total | 1 |
| Size Interior | 2,000 Ft2 |
| Total Finished Area | 2000 Sqft |
| Type | Apartment |
Land
| Acreage | Yes |
| Size Irregular | 10.63 |
| Size Total | 10.63 Ac|10 - 49 Acres |
| Size Total Text | 10.63 Ac|10 - 49 Acres |
| Zoning Description | Hr |
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July 09 2025 06:37:34
Grande Prairie & Area Association of REALTORS®
Grassroots Realty Group Ltd.