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840 King St Spruce Grove, Alberta T7X 0R7

257875 sqft
Acreage

$5,920,000

Prime Multi-Family Development Opportunity in Spruce Grove! Exceptional opportunity to acquire 5.92+/- acres of R2 zoned development land in Spruce Grove. This well-positioned corner site is surrounded by established residential neighbourhoods and offers excellent potential for medium to high density residential development within a mature and desirable community setting. Zoned R2 - Mixed Medium to High Density Residential District, the property permits a variety of housing forms including multi-unit dwellings, row housing, and street oriented residential development, providing flexibility for a range of development concepts. The site benefits from strong accessibility via Century Road with convenient connections to Highway 16 Yellowhead, allowing efficient regional access to Edmonton and surrounding areas. The property is strategically positioned near the expanding Westwind commercial development to the north, supporting future amenity growth and continued area investment. This offering presents a rare opportunity to develop within a stabilized residential area while benefiting from nearby commercial expansion and continued growth in the surrounding region (id:58126)

Property Details

MLS® Number 44426758
Property Type Vacant Land

Building

Size Interior 257875 Sqft

Land

Acreage Yes
Size Irregular 257875.19999999998
Size Total 257875.2 Sqft|5 - 10 Acres
Size Total Text 257875.2 Sqft|5 - 10 Acres

https://www.realtor.ca/real-estate/29415832/840-king-st-spruce-grove

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Victor Moroz
Associate

(780) 499-6400
(780) 962-8019
www.victormorozcommercial.com/

Royal LePage Noralta Real Estate
202 Main Street
Spruce Grove, Alberta T7X 0G2

(780) 962-4950
(780) 431-5624

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