5 months ago
$899,900
206 Government Road South
Diamond Valley, Alberta · T0L0H0
MLS® Number: A2291317
- 1,275Square Feet
Listing 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. (id:65883)
Property Summary
- Property Type
- Retail
- Building Type
- Retail
- Square Footage
- 1,275 sqft
- Built in
- 1918
- Time on Edmonton
- 5 months ago
Legal Description
Plan :- T752616857 Block :- R:2 Lot :- T:S:8 Q:S
Building
Building Features
- Style
- Retail
- Year Built
- 1918
Land
Zoning
- Zoning
- DC
Tax & HOA
Tax
- Annual Tax
- $2,129
- Tax Year
- 2025



