7.9 acres of high visibility, highway commercial frontage in Lacombe with direct access to Hwy 12 and Wolf Creek Drive. The sight lines are ideal with direct exposure to major traffic routes. Trade activity in this community is growing and the site is surrounded by new construction including Pentagon Farm Centre, Police Station, Metcalf Ridge (residential), and more to come. The City of Lacombe has shown a strong interest in seeing this bustling corner developed. Permitted and discretionary uses for this Highway Commercial District provide the buyer with a wide range of development opportunities. All major services are located nearby. An environmental report was completed in 2011 and no further investigation is required. The small house (new shingles and paint in 2016) and decent sized detached garage is tenant occupied and generates $1050 per month (less property management fees) in rent. Develop immediately... or buy and hold - a solid investment either way.
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