Land For Sale • 7.93 AC
The property comprises four adjacent lots totalling 7.63 acres and is located in a prime business district in Innisfail, Alberta. With exposure to both Highway 2A and the Queen Elizabeth Highway (Highway 2), these lots are ideal for retail, office, or industrial development. The owner offers the flexibility of purchasing individual lots (1.51-2.63 acres each) or the entire package for $2,350,000. Ground leases are also an option. 2. Target Market • Potential Buyers/Developers: Local and regional developers specializing in retail, hospitality, or mixed-use projects. Franchise operators for fast-food chains, gas stations, or automotive services. Investors seeking income-generating assets through ground leases. • Potential Tenants (for ground leases): Automotive services, restaurants, convenience stores, or coffee shops. Warehousing or light industrial operations leveraging proximity to highways. Hospitality businesses (e.g., hotels, motels) attracted by visibility and highway access.