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4503 49 St Drayton Valley, Alberta T7A 1R7

Acreage

$1,323,000

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:43936)

Property Details

MLS® Number E4095803
Property Type Vacant Land
Neigbourhood Drayton Valley

Building

Land

Acreage Yes
Size Irregular 164656.8
Size Total 164656.8 Sqft
Size Total Text 164656.8 Sqft

https://www.realtor.ca/real-estate/21395422/4503-49-st-drayton-valley-drayton-valley

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Roger R. Mackinnon
Broker

(780) 621-8900
(780) 542-7727
www.century21.ca/roger.mackinnon

Century 21 Hi-Point Realty Ltd
Box 6084
Drayton Valley, Alberta T7A 1R6

(780) 542-3223
(780) 542-7727
www.century21.ca/hipointrealty

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