Chris Audette
Office: (403) 255-9555
Cell: (587) 871-4939
5107 & 5111 50b Avenue, Downtown, Sylvan Lake
$975,000
1 of 9
0 Baths
.49 Acres
Commercial Land Property for Sale in Downtown, Sylvan Lake at 5107 & 5111 50b Avenue
DEVELOPERS DREAM! Three oversized lots a block from the beach with 165 feet of frontage and 130 feet deep. Zoned W-DC with multiple development options. There are plans for a 4-6 story commercial/multifamily building with underground parking to consider, or build a row of 7 townhomes with detached garages and roof top patios to enjoy that view. Or bring your own plans with your vision in mind. Amazing Air BnB potential. The location is fantastic only one block from the redeveloped Marina Park and Lighthouse and steps to restaurants, shopping, the main beach, water park, golfing, schools, and so much more that Sylvan has to offer! Amazing views of the lake and the beautiful Sylvan Lake sunsets. Great access for swimming, boating, and enjoying the lake. Tenants are currently renting out 5111 & 5107 50B Ave until you are ready to build. The investment potential is extraordinary in this year round lake community. Build and sell, keep in your portfolio with monthly renters, or provide short term rentals...there are so many choices! This property must be purchased in conjunction with MLS A2090546.
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Essential Information
MLS® #A2090563
Price$975,000
Bathrooms0.00
Acres0.49
TypeLand
Sub-TypeCommercial Land
StatusActive
Community Information
Address5107 & 5111 50b Avenue
SubdivisionDowntown
CitySylvan Lake
CountyRed Deer County
ProvinceAlberta
Postal CodeT4S1G6
Amenities
WaterfrontSee Remarks
Additional Information
ZoningW-DC
Office
RE/MAX real estate central alberta - Sylvan Lake
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