Excellent development opportunity in this 2280 sq. ft. apartment/motel style building on 0.27 acres, located just two blocks from Lakeshore Drive. Nestled amongst mature trees on a quiet residential street, yet still within walking distance of beachfront restaurants and shops, the public beach, and the pier. The single storey building has 7 suites, all currently occupied. The property includes 7 onsite parking stalls, a firepit area, a green space, and a back fence. Property has been well maintained over the years.
Under the Town of Sylvan Lake’s Sustainable Waterfront Area Redevelopment Plan, this property has the potential for a residential or mixed-use development up to 4 storeys, with views of the lake!
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