C$5,699,900

Excellent exposure with strong visibility and consistent traffic flow in the Cold Lake market. Currently designated Urban Reserve, this parcel offers exceptional future development potential. Subject to municipal approvals and rezoning, the property is ideally suited for commercial development along the Highway 55 West and Highway 28 frontage, providing outstanding highway exposure. The balance of the land offers potential for a residential subdivision behind, creating a mixed-use development similar to the nearby Tri-City Estates, with commercial retail along the highway and residential neighbourhoods beyond. A rare investment opportunity in one of Cold Lakes growing development corridors with excellent long-term potential. (id:41202)