206 Government Road S
Diamond Valley, Alberta
MLS® A2291317
$854,905
- Status
- Active
- Property type
- Retail
- MLS® number
- A2291317
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1918
1 / 13Listing description
Rare commercial opportunity on one of the 2 main corridors in Diamond Valley. This 125 ft x 120 ft (15,000 sq ft) DC-zoned lot features a charming circa-1914 heritage building currently home to a long-standing gift shop. The character structure offers vintage architectural appeal and street presence, making it ideal for boutique retail, gallery space, café, specialty shop, or other creative commercial uses.
The generous lot size and Direct Control (DC) zoning provide flexibility for a variety of potential uses or future redevelopment (subject to municipal approval). Located in a visible and accessible area within the community, this property presents a unique opportunity for investors, entrepreneurs, or developers looking to own a piece of local history while exploring future potential. Opportunities combining historic charm, commercial zoning, and redevelopment flexibility are increasingly rare in the Foothills region.
With approximately 15,000 sq ft of land, the property offers excellent long-term upside for investors seeking a holding property with income potential today and redevelopment possibilities in the future. The inclusion of McDonald's, Sobeys, Dollar Tree, Shoppers Drug Mart coming soon into the neighborhood, will result in imminent increases in land values.
Property summary
- MLS® number
- A2291317
- Property type
- Retail
- Building type
- Retail
- Square footage
- 1,275 sq ft
- Built in
- 1918
- Annual property taxes
- $2,128.95
- Days on market
- 172 days
What would this home cost you?
Based on the $854,905 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX House of Real Estate, CALGARY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.