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 |
| Sold Price | $107,500 |
| Bathrooms | 0.00 |
| Acres | 0.14 |
| Type | Land |
| Sub-Type | Residential Land |
| Status | Sold |
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 |
|---|
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Lot Description | Rectangular Lot, Back Lane, Cleared, Open Lot |
|---|
Additional Information
| Date Listed | January 10th, 2025 |
|---|---|
| Date Sold | April 11th, 2025 |
| Days on Market | 91 |
| Zoning | R-3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Office | RE/MAX real estate central alberta |
|---|