Property Information:

Prime investment opportunity just one block from downtown Stettler! This property is currently in the process of being converted into three separate municipally approved units(triplex) with extensive work already completed and a strong foundation in place for the next owner to carry the project through to completion.The current planned layout includes two one-bedroom units and one larger two-bedroom unit each designed with an open-concept kitchen, dining, and living area, along with dedicated space for stackable in-suite laundry. At its current stage of construction, the building also offers the flexibility to shift direction and adapt the spaces for commercial use, depending on the buyer’s plans and applicable municipal requirements.Significant improvements have already been completed, including a brand-new roof, soffit, fascia, and eavestroughs. Framing is complete throughout all three and the required fire separation between each has been completed through the living areas, attic spaces, and below. The existing sewer service remains in place and is ready to be tied into, as well as natural gas and water lines to the building. Quotes have already been obtained for the required windows and doors. Engineered drawings are available for review.The proposed use has received municipal approval, helping take much of the preliminary planning out of the project for the next owner.The property is zoned R2A, offering flexibility for either residential or discretionary commercial uses.

Inclusions: None

Building Features:

Total Finished Area: 2816.00

Property Features:

Bedrooms: 4+0
Bathrooms: 3+0
Architectural Style: Bungalow
Built in: 1978
Construction Materials: Concrete
Cooling: None
Exterior Features: None
Floor Space (approx): 2816.00 Square Feet
Flooring: Subfloor
Foundation Details: Poured Concrete
Heating: Natural Gas, See Remarks
Interior Features: Open Floorplan
Levels: One
Lot Size: 6500.00 Square Feet
Parking Features: Off Street
Roof: Asphalt Shingle
Zoning: R2A
No. of Parking Spaces: 5

Courtesy of: Real Broker

Data provided by: Central Alberta REALTORS® Association 4922 45 St., Red Deer, Alberta T4N 1K6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Demographic Information of 4719 49 Street, Stettler, AB, T0C 2L1

Life Stage

Older Parents, Younger Kids

Employment Type

Blue Collar/Primary

Average Household Income

$102,686.00

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.73 %

High school certificate or equivalent

40.55 %

Apprenticeship trade certificate/diploma

11.3 %

College/non-university certificate

18.32 %

University Degree

11.1 %

Commuter

Travel To Work

By Car

83.22 %

By Public Transit

0.0 %

By Walking

13.21 %

By Bicycle

0.0 %

By Other Methods

3.57 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

11.95 %

Houses

88.05 %

4719 49 Street, Stettler, AB, T0C 2L1