REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 899,900
Est. payment /mo
Active
1504 Railway AVE #1-8 Rural Big Lakes County, AB T0G 0W0
2,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $449
MLS® Listing ID A2237694
Year Built 1970
Annual Tax Amount $1,452
Tax Year 2025
Lot Size 10.630 Acres
Acres 10.63
Property Sub-Type Apartment
Source Grande Prairie
Property Description
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.
Location
State AB
County Big Lakes County
Zoning HR
Exterior
Total Parking Spaces 10
Building
Story 1
Others
Restrictions None Known
Tax ID 103039918
Ownership Private
Listed by Grassroots Realty Group Ltd.