Description

Lot 7 at Teroloma Village Commons in Drayton Valley offers wonderful development potential! The 3.78 acre lot is located 1 block east of main street (50th street) w/ great visibility from main street given its increased elevation. The lot offers street frontage on both 46th ave. & 47th street, accesible from two spots on 46th ave. The property is currently zoned C1 Commercial (permitted uses including professional businesses, most retail, liquor stores, places of worship, etc., discretionary uses include gas bar associated w/ retail store). A commercial development at Teroloma Village Commons would offer quick & easy access & closest proximity to a significant population base in Drayton Valley, neighbourhoods including Regency Park, Meraw Estates, etc. The lot had been zoned Medium Density Residential and could be rezoned back to R3 easily enough. Initial development called for 38 semi attached residential units, new water & sanitary lines are on lot for this purpose, gas & electricity to boundary. (id:17377)
Complete Description
Complete Description

Property features

Asking Price
$1,323,000
Century 21 Hi-Point Realty Ltd
Source: REALTOR.ca DDF®

Price history

Price history for this listing is not publicly available. To request a consultation with a local Purplebricks REALTOR® call: 1-855-757-2275

$1,323,000

Lot for sale

4503 49 ST

Drayton Valley

MLS® # E4095803

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