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± 3.29 AC Investment Land Opportunity in Alberta

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  • Innisfail, AB
    Canada
  • Auction #381-1
    Land
  • Lot Size:
    ±3.29 acres
  • Zoning: R-3, HWY-C
    Topography: Flat
  • Transaction Fee:
    5%
  • Broker
    Co-op:
    1.75%

Land For Sale in Innisfail, AB

± 3.29 AC Investment Land Opportunity in Alberta

4213 42nd Avenue, Innisfail, AB T4G 1P6

RE/MAX Excellence and the Future of Real Estate (FRE) are pleased to present the Online Auction Plus Event (allows for contingencies) for Multifamily & HWY Commercial Land on ±3.29 acres in Innisfail, AB.

A vibrant town surrounded by farms, lakes, and lovely countryside, Innisfail is set in the rolling parkland of central Alberta, between the Rocky Mountains foothills to the west and the flatter Alberta prairie to the east. Innisfail also has the benefit of being situated midway between Calgary and Edmonton, only 15 minutes south of Red Deer. The economy of Innisfail is primarily retail trade and business services. With a median income of CAD $76,160 and a predominantly married population, the residents bring in larger incomes and higher net worth on average.

  • Great highway visibility - less than 5 minutes from Queen Elizabeth II Highway providing direct and easy access to Red Deer, AB, and Calgary, AB
  • Fully approved for rezoning and subdivision for 2 residential parcels zoned as R-3 (±0.79 AC each) and 1 commercial parcel zoned as HWY-C (±1.71 AC)
  • Less than 5 minutes away from 50th St which hosts well-known brands such as McDonald's, Tim Horton's, Subway, Pizza Hut, and more
  • Great development opportunity to provide housing to the local community - 16% of business owners in the Innisfail Business Retention Expansion Survey indicated that the lack of affordable housing was a barrier to attracting and retaining workers
  • Walking distance to a local high school serving students from multiple surrounding towns
  • Despite the pandemic, over 50% of business respondents reported a good to an excellent year, according to Innisfail Business Retention Expansion Survey, 2021
  • The 2,600 SQ FT house on the property has to be demolished for development

Downloadable Documents

Property Information

Auction Information

Property Viewing

If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

Start Temporary Access Agreement

Financing

This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

Broker of Record for this property: Rajan Nulliah

All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the Asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.

Contingencies may be included with your bid

BID DEADLINE:   30 Jun 5:00 pm MDT
Show values in:
Starting Bid: CAD $995,000
US $773,973
Previous List Price:CAD $2,799,000
US $2,177,236
Required bid deposit: CAD $1,000
US $778
days
hours
mins
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Auction Ended
Patrick Kelleher Event Manager The Future of Real Estate (FRE) P: (949) 706-6117 E: pkelleher@fre.com
Rajan Nulliah Property Representative RE/MAX Excellence P: (780) 441-5419 E: rnulliah@remax.net https://rmc.fre.com
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Land For Sale in Innisfail, AB
± 3.29 AC Investment Land Opportunity in Alberta
4213 42nd Avenue
Innisfail, AB T4G 1P6
Canada
Auction # 381-1

Contingencies may be included with your bid

Bid Deadline:
30 Jun 5:00 pm MDT
Starting Bid
CAD $995,000
US $773,973
Previous List Price
CAD $2,799,000
US $2,177,236
Required bid deposit
CAD $1,000
US $778
Show values in: 
  • Innisfail, AB
    Canada
  • Property Type:
    Land
  • Lot Size:
    ±3.29 acres
  • Zoning: R-3, HWY-C
    Topography: Flat
  • Transaction Fee:
    5%
  • Broker Co-op:
    1.75%
Property Description

RE/MAX Excellence and the Future of Real Estate (FRE) are pleased to present the Online Auction Plus Event (allows for contingencies) for Multifamily & HWY Commercial Land on ±3.29 acres in Innisfail, AB.

A vibrant town surrounded by farms, lakes, and lovely countryside, Innisfail is set in the rolling parkland of central Alberta, between the Rocky Mountains foothills to the west and the flatter Alberta prairie to the east. Innisfail also has the benefit of being situated midway between Calgary and Edmonton, only 15 minutes south of Red Deer. The economy of Innisfail is primarily retail trade and business services. With a median income of CAD $76,160 and a predominantly married population, the residents bring in larger incomes and higher net worth on average.

  • Great highway visibility - less than 5 minutes from Queen Elizabeth II Highway providing direct and easy access to Red Deer, AB, and Calgary, AB
  • Fully approved for rezoning and subdivision for 2 residential parcels zoned as R-3 (±0.79 AC each) and 1 commercial parcel zoned as HWY-C (±1.71 AC)
  • Less than 5 minutes away from 50th St which hosts well-known brands such as McDonald's, Tim Horton's, Subway, Pizza Hut, and more
  • Great development opportunity to provide housing to the local community - 16% of business owners in the Innisfail Business Retention Expansion Survey indicated that the lack of affordable housing was a barrier to attracting and retaining workers
  • Walking distance to a local high school serving students from multiple surrounding towns
  • Despite the pandemic, over 50% of business respondents reported a good to an excellent year, according to Innisfail Business Retention Expansion Survey, 2021
  • The 2,600 SQ FT house on the property has to be demolished for development

Downloadable Documents
Property Viewing

Property Viewing

If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

Start Temporary Access Agreement
Financing

Financing

This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

Contact Us
Patrick Kelleher Event Manager The Future of Real Estate (FRE) P: (949) 706-6117 E: pkelleher@fre.com
Rajan Nulliah Property Representative RE/MAX Excellence P: (780) 441-5419 E: rnulliah@remax.net https://rmc.fre.com
Broker of Record for this property: Rajan Nulliah

All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the Asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.