5143 48 ST new

Innisfail,AB T4G 1M2

$ 120000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Residential Land

Listing Status Active

Purchase Type For Sale

Subdivision Downtown Innisfail

MLS Listing ID A2186838

Originating Board Central Alberta

Annual Tax Amount $803

Tax Year 2024

Lot Size 6,250 Sqft

Acres 0.14

Lot Dimensions 50' x 125' As per Town of Innisfail GIS Map

Property Description

What an investment / development opportunity! This vacant lot is zoned R-3. As per the Town of Innisfail, R-3 is defined as Residential High Density District. This makes it ideal for multi-family residential development such as apartments, townhouses, condominiums or a 4-Plex. With this in mind, the owner has had the Town of Innisfail install oversized water and sewer lines. This lot is centrally located and within walking distance to schools, banks, downtown shopping and nearby recreational facilities. Another great feature of this lot is that it can be accessed from the front street or from the back alley. With the current housing shortage, this development opportunity may be exactly what you've been looking for! Feel free to drive by and take a look.

Location

Province AB

County Red Deer County

Zoning R-3

Exterior

Fence None

Community Features Fishing,Golf,Lake,Park,Playground,Pool,Schools Nearby,Shopping Nearby,Tennis Court(s),Walking/Bike Paths

Lot Frontage 50.0

Building

Lot Description Back Lane,Cleared,Open Lot,Rectangular Lot

Others

Restrictions Building Restriction

Tax ID 91599554

Ownership Private

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