5143 48 Street, Innisfail, Alberta

$120,000

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0.14

Acres

About 5143 48 Street

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.

Features of 5143 48 Street

MLS® # A2186838
Price $120,000
Bathrooms 0.00
Acres 0.14
Type Land
Sub-Type Residential Land
Status Active

Community Information

Address 5143 48 Street
Subdivision Downtown Innisfail
City Innisfail
County Red Deer County
Province Alberta
Postal Code T4G 1M2

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description Back Lane, Rectangular Lot, Cleared, Open Lot

Additional Information

Date Listed January 10th, 2025
Days on Market 1
Zoning R-3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX real estate central alberta

Listing Map