1.26 ACLand$572,000Sale
1.26 AC
Land
$572,000
Sale
City of Medicine Hat
The City of Medicine Hat - Land & Real Estate
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PENDING - A prime parcel of land is now available for a multi-family development, strategically located near downtown, walking trails, and the scenic river. This parcel offers a unique opportunity to develop a multi-family community that seamlessly blends urban convenience with natural beauty. Its proximity to downtown, nearby public transportation hubs, walking trails, and the river presents a canvas for creating a vibrant and desirable living environment for a diverse range of residents.
The Property
Asking Price$572,000
Available Space1.26 AC
NegotiableYes
Property UseInvestment property / Multi family / Senior
ZoningMulti-family
SourceDirect
The Lot
The Property is zoned Medium Density Residential District (R-MD). The site can accommodate a minimum density of 38 units and a maximum density of 77 units, depending on the built form. Property development will need to align with the Municipal Development Plan and the River Flats Area Redevelopment Plan. The purchaser will need to ensure design plans align with the Land Use Bylaw.
Property TypeLand
Lot Size1.26 AC
ZoningR-MD Medium Density Residential
Bike Friendly
Bus Line
Corner Lot
Parking
Transit Friendly
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