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Renanza Realty
For sale

Morinville, Alberta

Morinville, Alberta

MLS® 44920234

$2,149,900

Status
Active
Property type
Vacant land
MLS® number
44920234
Bedrooms
Bathrooms
Year built

Listing description

Located in the heart of Morinville, situated at the northwest corner of the main intersection in town offering high traffic and visibility. Exceptional opportunity to acquire a unique mixed-use portfolio consisting of two vacant lots and two residential-style properties currently operating as commercial businesses. All three properties are included in the sale and are commercially zoned, offering flexibility for investors, owner-operators, or future redevelopment potential.

The two existing buildings are fully occupied by established business tenants with active leases in place, providing immediate income. Current tenants have remaining term on their leases and have expressed strong interest in extending for future occupancy, creating excellent long-term investment stability. The additional vacant lots present added value and future development potential in a growing commercial area.

Whether you’re looking to expand your portfolio, secure reliable rental income, or explore redevelopment opportunities, this package offers versatility and upside potential.

Property summary

MLS® number
44920234
Property type
Vacant Land
Square footage
29,185 sq ft
Land size
29310.4786 square feet
Days on market
88 days

What would this home cost you?

Based on the $2,149,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$10,003 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of ComFree, Edmonton.

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.