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Iain Tullis

itullis.realtor@gmail.com +1(780) 991-6644

$ 1,999,900

Est. payment | -/mo

4 Beds

2 Baths

1,170 SqFt

Save

$ 1,999,900

Est. payment | -/mo

Save

4 Beds

2 Baths

1,170 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1170.0

Square Footage 1,170 sqft

Price per Sqft $1,709

MLS Listing ID A2348817

Style Acreage with Residence,Bungalow

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1966

Lot Size 156.000 Acres

Acres 156.0

Property Sub-Type Detached

Property Description

INCREDIBLE INVESTMENT & DEVELOPMENT OPPORTUNITY! 156 acres bordering the new Highway 43X bypass with pavement right to the driveway,offering outstanding exposure and huge long-term industrial and commercial development potential along one of Northern Alberta's busiest transportation corridors. Recently annexed into the City of Grande Prairie and positioned in the path of future growth,this property provides investors the opportunity to generate income while planning and engineering future development,with approximately $68,200/year in current potential revenue from the house and shop rental ($5,000/month),farmland rent ($4,000/year),and surface lease revenue ($4,200/year). The attractive approximately 5-acre main yard site features a 1,176 sq. ft. 4-bedroom,2-bathroom home,42' x 60' heated shop,1,200 sq. ft. workshop,large open-sided machine shed,detached double garage,and additional outbuildings,providing the option to continue renting or live on site and operate your business. Approximately 100.56 acres are currently cultivated,and a second established yard site with its own driveway,previously home to a mobile residence,offers additional future possibilities including another residence or potential subdivision,subject to City approval. Currently zoned AG with 2025 property taxes of only $2,244.42,this is a rare opportunity to secure a full quarter with substantial existing infrastructure,multiple income streams,exceptionally low holding costs,Highway 43X frontage,and significant future development potential within the growing City of Grande Prairie.

Location

Province AB

County 0132

Zoning AG

Rooms

Basement None, Full, Finished

Interior

Interior Features See Remarks

Heating Forced Air

Cooling None

Flooring Other

Inclusions APPLIANCES

Fireplace No

Appliance See Remarks

Laundry Other

Exterior

Exterior Feature None

Parking Features Additional Parking, Double Garage Detached, Gravel Driveway, Quad or More Detached, Triple Garage Detached

Garage Spaces 10.0

Fence None

Community Features None

Roof Type Asphalt Shingle

Porch None

Garage Yes

Building

Lot Description Lawn, Many Trees

Dwelling Type House

Faces S

Story Bi-Level

Foundation Poured Concrete

Architectural Style Acreage with Residence, Bungalow

Level or Stories Bi-Level

New Construction No

Others

Restrictions None Known

Listed by Sutton Group Grande Prairie Professionals

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(780) 991-6644

itullis.realtor@gmail.com

1816 Crowchild Trail NW, Calgary, AB T2M 3Y7, Calgary, Alberta T2M 3Y7, CAN

70054 TWP RD 715 Grande Prairie, AB T8W 5J4

Iain Tullis

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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70054 TWP RD 715