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3910 Highway 12, Lacombe, AB - MLS # CA0143631

3910 Highway 12, Lacombe, AB T4L 1A6

Quick Summary

Price
$1,485,200
Type:
Commercial
Sub Type:
Land
Title:
3910 Highway 12
Possession:
Immediate,Subject To Tenancy
Tax Amount:
5344 / 2018

Lot Summary

Lot Width:
1100
Lot Depth:
298
Lot Units:
8 Acres
Lot Shape:
Rectangular

Geographical Summary

Access:
See Remarks

Property Description

County / Parish: Lacombe County, Alberta
Zoning: C4

7.9 acres of high visibility, highway commercial frontage in Lacombe with direct access to Hwy 12 and Wolf Creek Drive. 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 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 and no further investigation is required. The small house (new shingles and paint in 2016) and decent sized detached garage is tenant occupied and generates $1050 per month (less property management fees) in rent. Develop immediately… or buy and hold – a solid investment either way.

Directions:
On the Northeast corner of the Hwy 12/Wolf Creek Drive intersection in Lacombe. SHORT LEGAL: 4; 26; 40; 29; SW LEGAL DESCRIPTION: Meridian 4, Range 26, Township 40, Section 29 - ALL THAT PORTION OF THE SOUTH WEST QUARTER BOUNDED AS FOLLOWS: ON THE SOUTH BY ROAD PLAN 27JY; ON THE EAST BY THE EAST BOUNDARY OF SAID QUARTER SECTION ON THE NORTH BY A LINE DRAWN PARALLEL TO AND 15.24 METRES PERPENDICULARLY DISTANT SOUTHERLY FROM THE CENTERLINE OF THE RAILWAY AS SHOWN ON RAILWAY PLAN C & E NO. 11 AND ON THE WEST BY ROAD PLAN 8621513 CONTAINING 3.2 HECTARES MORE OR LESS EXCEPTING THEREOUT ALL MINES AND MINERALS
Listed By Royal LePage Lifestyles Realty

Map

Walk Score

Agent on Duty


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