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Listed by Kelly Baker • RE/MAX Platinum Realty
$ 5,699,900
Est. payment /mo
New
Highway 55 8 AV Cold Lake, AB T9M 1P4
133 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Vacant Lot/Land
Listing Status Active
Purchase Type For Sale
MLS® Listing ID E4463527
Lot Size 133.000 Acres
Acres 132.9953
Property Sub-Type Vacant Lot/Land
Property Description
This 133 acres was annexed into the City of Cold Lake, although it still bears the legal description of the MD of Bonnyville until the property is developed or built on. Both the North and East side of the property border highways 55 [North] and Highway 28 [8th Avenue], and although presently 'urban reserve' [formerly Country Residential under the MD of Bonnyville], the land can be rezoned with the potential being for commercial development along highway 55 and highway 28, with a residential housing subdivision in behind, similar to the pattern of the Tri-City area where commercial retail [Tri-City Mall, Wendy's, Starbucks, Tim Horton's, etc], has been developed on highway frontage and residential housing has been developed in behind. The Sellers also own the 7 acres kitty corner to Burger King, Esso, Tim Hortons, off of 8th Avenue, and are willing to sell the total of 140 acres as a package deal.
Location
Province AB
Zoning Zone 60
Exterior
Exterior Feature Corner Lot, Flat Site, Level Land, Playground Nearby, Public Transportation, Schools, Shopping Nearby, View City
Others
Tax ID 0018246736
Ownership Private
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