For Sale

$1,200,000.00

3910 Highway 12 , Lacombe, AB T4L 1A6

Remarks

7.9 acres of high visibility, highway commercial frontage in the City of Lacombe with direct access off Hwy 12 and Wolf Creek Drive. In a 2021 letter, the City confirmed a minimum of two access points - one right in/right out entrance/exit off Hwy 12 and a second one off Wolf Creek Drive. A final decision with regards to more access points, left hand turns, etc. would be made after the City has reviewed the results of a (required) traffic impact study. The sight lines are ideal with direct exposure to major traffic routes. Trade activity in this community is growing and the site is surrounded by new construction including the Pentagon Farm Centre, Police Station, Metcalf Ridge (residential), and more to come. The City of Lacombe has shown a strong interest in seeing this bustling corner developed. Permitted and discretionary uses for this Highway Commercial District provide the buyer with a wide range of development opportunities. All major services are located nearby. An environmental report was completed in 2011. The small house (new shingles and painted in 2016) and decent sized detached garage is tenant occupied and generates $1050 per month in rental revenue that helps cover the tax and insurance cost until development begins. Seller would consider trades for farmland or recreational property.

Inclusions:

No warranties or representations with regards to the house and outbuildings (or contents) - to be sold "AS IS".

Property Summary

  • Lot Size: 344124 Square Feet
  • Zoning: C4

Property Features:

  • Property Access:
    See Remarks
Lifestyle
Neighbourhood Info
Agent

Greg Pallister

Real Estate Agent

Phone: 403.782.3171

Cell: 403.396.0357

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