$210,000 31,400 Sq.ft

404 1 AV SE,Black Diamond. T0L 0H0

Description

0.72 Acres of fully serviced bare land for sale at a great price in the town of Black Diamond. Originally zoned DC with development approved for a 24 unit apartment complex. Builder of other 2 apartment blocks decided not to proceed with a 3rd phase. Was rezoned to R3 (up to 12 units) but town is willing to consider options to revert back to a 24 unit building. Services are in place for a 24 unit building. Currently town needs to loop it's fire protection water system for the north east quadrant and as such, this east area of town can't get development approval for approximately 1 - 2 years until an upgraded looped main water line is installed by the town. Town will consider the possibilty of a chemical wet or dry fire protection system with a development application and thus you can start building asap if approved. Mutual access agreement is in place with other 2 condo complexes for shared services and access. This property is also a great holding asset.

Listing Information

Prop. Type:Commercial
Status:
MLS #:C4209209
City:Black Diamond
Neighbourhood:None
Province:Alberta
Building/Unit Size: 31,400 sq.ft
Lot Size:7 sq.ft
Land Size:1 Acre
Listing Price:$210,000
Listing Price Arce:$291,667 per Acre
Lease Rate:$0 per sq.ft
Business Type:
Property Type:Commercial
Property Subtype:Multi Unit
Transaction Type:For Sale
Land Use Code:DC
Listing Contract Date:2018-09-30

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "REDLINE REAL ESTATE GROUP INC." listing brokerage.

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