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Sonia Panesar

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  • Office 780-431-5615
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Courtesy Of Roger MacKinnon Of Century 21 Hi-Point Realty Ltd

4503 49 St, Drayton Valley, AB – $1,323,000

  • $1.3M Price
  • 3.78 Acres
  • $1.3M Price
  • 3.78 Acres

4503 49 St

Lot 7 at Teroloma Village Commons in Drayton Valley offers wonderful development potential! The 3.78 acre lot is located 1 block east of main street (50th street) w/ great visibility from main street given its increased elevation. The lot offers street frontage on both 46th ave. & 47th street, accesible from two spots on 46th ave. The property is currently zoned C1 Commercial (permitted uses including professional businesses, most retail, liquor stores, places of worship, etc., discretionary uses include gas bar associated w/ retail store). A commercial development at Teroloma Village Commons would offer quick & easy access & closest proximity to a significant population base in Drayton Valley, neighbourhoods including Regency Park, Meraw Estates, etc. The lot had been zoned Medium Density Residential and could be rezoned back to R3 easily enough. Initial development called for 38 semi attached residential units, new water & sanitary lines are on lot for this purpose, gas & electricity to boundary.

Essential Information

  • MLS® #E4095803
  • Price$1,323,000
  • Acres3.78
  • TypeLand Commercial
  • StatusACTIVE

Community Information

  • Address4503 49 St
  • AreaBrazeau
  • SubdivisionDrayton Valley
  • CityDrayton Valley
  • ProvinceAB
  • Postal CodeT7A 1R7

Additional Information

  • ZoningC1 - Central Commercial

Listing Details

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Courtesy Of Roger MacKinnon Of Century 21 Hi-Point Realty Ltd

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Courtesy Of Roger MacKinnon Of Century 21 Hi-Point Realty Ltd.

Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.

Copyright 2019 by the REALTORS® Association of Edmonton. All rights reserved.

Listing information last updated on October 19th, 2019 at 3:01am CDT.