1102 Highway 3

Description

Acquire 28.1 acres of prime land in one of Sparwood's most strategic locations, offering approximately 1,200 feet of Highway 3 frontage, stunning mountain views, existing infrastructure, and tremendous long-term upside. Positioned along Highway 3 and just minutes from downtown Sparwood and the established Douglas Fir Business Area, this rare landholding presents an outstanding opportunity for investors, developers, and owner-users alike. Currently generating rental income, the property provides immediate revenue while allowing a purchaser to secure a significant parcel in an area poised for continued industrial growth. The property is improved with two large buildings, including an office building with a newer roof, a storage shed, power, well, and septic system already in place. The extensive parking and yard area offer excellent functionality for equipment storage, contractors, or industrial users, while the balance of the property provides multiple potential building sites and room for future expansion. The flat upper bench area is particularly well suited for an additional building, expanded parking, or future development opportunities. Properties of this size, location, and versatility rarely come available in Sparwood. Whether you're looking for a revenue-generating investment, a strategic land hold, or a property with exceptional future development potential, this 28-acre parcel offers incredible value and endless possibilities in the heart of the Elk Valley. (id:63159)

Property Details

Annual property tax

$994

Brokerage

RE/MAX Blue Sky Realty

Location Insights

Population

4,148

(2021 Census)

+9.6% since 2016

Density

21.7/km²

Dwellings

2,183

Median household income

$112,000

After-tax

$93,000

Immigrant population

6.3%

Top countries of origin

• United Kingdom0.8% · 35
• United States of America0.6% · 25
• Poland0.4% · 15
• Philippines0.4% · 15
• Germany0.2% · 10
• Netherlands0.2% · 10
• South Africa, Republic of0.2% · 10

Source: Statistics Canada, 2021 Census of Population.

Weather

18°C

Mostly Cloudy

Humidity 56%

Wind S 18 km/h

Today

20°

Tonight

8°

Thursday

20°

Thursday night

5°

Friday

16°

Friday night

5°

Source: Environment and Climate Change Canada.