5049 50 Street, Sylvan Lake, Alberta

$2,875,000

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1.14

Acres

About 5049 50 Street

Rare opportunity to develop right in the heart of downtown Sylvan Lake! This property is historic Sylvan Lake's old hotel site that was previously approved for a convention center and would be well suited for a commercial/condo space featuring a beautiful mixture of lake views. Located right on the corner of Lakeshore Drive and Main Street, this location is sure to get maximum exposure in always busy downtown Sylvan Lake. This listing includes adjacent lots at 5034, 5036, 5038 & 5040 49th Street, making a total development space of 49,500 sqft. Imagine the impact you could have in the future of downtown Sylvan Lake!

Features of 5049 50 Street

MLS® # A2108194
Price $2,875,000
Bathrooms 0.00
Acres 1.14
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 5049 50 Street
Subdivision Downtown
City Sylvan Lake
County Red Deer County
Province Alberta
Postal Code T4S 0L9

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed February 16th, 2024
Days on Market 68
Zoning W-DC
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeGreater Property Group

Listing Map

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