Rural Big Lakes County, AB T0G 0W0,1504 Railway AVE #1-8
$899,900
Est. payment /mo
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2,000 SqFt
New

1504 Railway AVE #1-8 Rural Big Lakes County, AB T0G 0W0

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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

Province 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.
agent
Shane Meahan

Agent/Owner | License ID: 399990

+1(587) 602-0204 | shane.meahan@yycproperties.com

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1504 Railway AVE #1-8