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Listed price in listed location currency (CAD).
$649,900

000

MLS® A2221577

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 181
Approx. Age 
MLS® Number A2221577

Property Address: 309 Government Rd S, Black Diamond, AB, T0L0H0

Average square foot calculated using Size range provided by listing agent.

Description

PRIME COMMERCIAL OPPORTUNITY IN THE HEART OF DIAMOND VALLEY!! This FULLY SERVICED 0.65-ACRE COMMERCIAL PARCEL boasts EXCEPTIONAL STREET FRONTAGE along GOVERNMENT STREET (HWY 22), offering HIGH VISIBILITY in a CENTRAL LOCATION. A BRAND-NEW CLEAN PHASE 1 REPORT was completed in SEPT 2025!! MUNICIPAL WATER, SEWER, AND NATURAL GAS are IN PLACE, ensuring a SMOOTH PATH TO DEVELOPMENT. The 160’ x 180’ FLAT LOT provides MULTIPLE ACCESS POINTS from both GOVERNMENT STREET and the REAR LANES, making it ideal for a WIDE RANGE OF DEVELOPMENT POSSIBILITIES. Perfectly suited for a MIXED-USE BUILDING, the site supports a CONCEPT OF COMMERCIAL SPACE ON THE MAIN LEVEL WITH RESIDENTIAL UNITS ABOVE—an idea that has already received a POSITIVE RECEPTION in discussions with the TOWN OF DIAMOND VALLEY. MOUNTAIN VIEWS would be available from the SECOND FLOOR. The lot’s FLEXIBILITY allows for COUNTLESS POTENTIAL OPTIONS, from a PROFESSIONAL OFFICE COMPLEX (LAW, INSURANCE, REGISTRY, ACCOUNTING) to a MICROBREWERY, BOUTIQUE RETAIL HUB, or MULTI-TENANT COMMERCIAL PLAZA accommodating up to FOUR SEPARATE BUSINESSES. There is also POTENTIAL TO SUBDIVIDE the land into TWO TO FOUR SMALLER LOTS, providing even MORE DEVELOPMENT VERSATILITY. ARE YOU LOOKING FOR A BUSINESS PARTNER?!? Ask us about the OPTIONS TO HOLD THE LAND. There is also POTENTIAL TO CO-OPERATE WITH A BUILDER AND PURSUE A JOINT-VENTURE DEVELOPMENT OPPORTUNITY, offering FLEXIBILITY FOR INVESTORS OR PARTNERS looking to COLLABORATE ON THE PROJECT. An ADDED BONUS: the ADJACENT PARCEL IS ALSO AVAILABLE, creating a COMBINED 0.82-ACRE BUILD SITE. The 82’ x 88’ residential lot directly south of the property may be available to the purchaser, offering EVEN MORE FLEXIBILITY and EXPANSION POTENTIAL. Located in Diamond Valley, this is a RARE OPPORTUNITY to INVEST in a growing, vibrant community with strong support for thoughtful, MIXED-USE PROJECTS!!
MLS® NumberA2221577
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Shed (Negotiable)

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 6, 2025List Date
$649,900List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
309 Government Rd S, Black Diamond, AB

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