5
See all 5 photos
$120,000
Est. payment /mo
6,250 Sqft Lot
Active
5143 48 ST Innisfail, AB T4G 1M2
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UPDATED:
02/21/2025 09:00 PM
Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
Subdivision Downtown Innisfail
MLS® Listing ID A2186838
Lot Size 6,250 Sqft
Acres 0.14
Lot Dimensions 50' x 125' As per Town of Innisfail GIS Map
Property Sub-Type Residential Land
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
Listed by RE/MAX real estate central alberta