1-8 1504 Railway Avenue
NONE Rural Big Lakes County T0G 0W0

$899,900
Multi-Family 2,000 sq. ft. built: 1970

Main Photo: 1-8 1504 Railway Avenue: Rural Big Lakes County Apartment for sale : MLS®# A2237694
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Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2237694
Year Built:
1970
Investment Opportunity! Prime 10-acre parcel with excellent highway frontage on busy Highway 2 between High Prairie and Slave Lake. This property offers incredible development potential for multi-family housing, a gas station, convenience store, truck stop, or retail plaza—all just 10 minutes from the new hospital in High Prairie. As the regional hub for healthcare, education, government, retail, and transportation, High Prairie is experiencing growing demand for housing and services. Adding to the value, the property includes a fully rented 8-plex generating $76,800 in annual gross revenue, providing immediate cash flow while you develop the remaining land. Don’t miss this chance to bring your vision to life in a high-traffic, high-growth area.
Property Type:
Multi-Family
Property Sub Type:
Apartment
Transaction Type:
For Sale
Total Living Area:
2,000 sq. ft.
Lot Area:
10.6 acre(s)
Stories Total:
1
Year built:
1970 (Age: 55)
Bathrooms:
- (Full:-, Half:-)
Structure Type:
Low Rise (2-4 stories)
Ensuite:
No
Garage:
No
Parking Places:
10
Parking Total/Covered:
10 / -
NONE
N/A
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Nearest Town:
High Prairie
Region:
Big Lakes County
Zoning:
HR
Listed Date:
Jul 07, 2025
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Listed by Grassroots Realty Group Ltd.
Data was last updated September 11, 2025 at 12:05 AM (UTC)
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