Menu
  • 49 Gasoline Alley East, Penhold, AB
  • 49 Gasoline Alley East, Penhold, AB
  • 49 Gasoline Alley East, Penhold, AB
  • 49 Gasoline Alley East, Penhold, AB
  • 49 Gasoline Alley East, Penhold, AB

0.75 AC
Land
$1,400,000
Sale


Download Brochures

A strategically positioned 0.75-acre redevelopment site situated in the thriving Gasoline Alley East, directly along the Queen Elizabeth II Highway. This high-traffic location boasts exposure to over 59,000 vehicles daily, offering unparalleled visibility and commercial potential. Priced based on land value alone, this parcel is zoned C3, suitable for a variety of commercial uses. This parcel presents a significant opportunity for investors or entities aiming to maximize a high-profile location’s redevelopment potential. Note that there are restrictions in place: no convenience stores, residential developments (such as multifamily units or hotels), or gas bars can be established.


The Property
Asking Price$1,400,000
Available Space0.75 AC
Property UseRetail
SourceDirect

The Lot

The property is surrounded by a robust mix of established businesses including McDonald’s, Tim Hortons, Shell, 7-Eleven, Holiday Inn & Suites, Harley Davidson, and Esso, contributing to the site’s strong commercial synergy.

Property TypeLand
Lot Size0.75 AC
Taxes$11,385/yr
ZoningC3 - Highway Commercial District
Advertisement
Up to $500K for Alberta businesses
Need help paying suppliers, covering renovation and repair costs, or hiring new employees? Merchant Growth has flexible financing solutions for any situation.