Investment Opportunity! Prime 10-acre parcel with excellent highway frontage on busy Highway 2 between High Prairie and Slave Lake. This property offers incredible development potential for multi-family housing, a gas station, convenience store, truck stop, or retail plaza—all just 10 minutes from the new hospital in High Prairie. As the regional hub for healthcare, education, government, retail, and transportation, High Prairie is experiencing growing demand for housing and services. Adding to the value, the property includes a fully rented 8-plex generating $76,800 in annual gross revenue, providing immediate cash flow while you develop the remaining land. Don’t miss this chance to bring your vision to life in a high-traffic, high-growth area.
Property Details
Price:
$899,900
MLS #:
A2237694
Status:
Active
Baths:
0
Type:
Multi Family
Subtype:
Apartment
Listed Date:
Jul 10, 2025
Finished Sq Ft:
2,000
Lot Size:
463,042 sqft / 10.63 acres (approx)
Year Built:
1970
See this Listing
Schools
Interior
Exterior
Parking Total
10
Stories Total
1
Financial
Map
Community
- Address1-8, 1504 Railway Avenue Rural Big Lakes County AB
- CityRural Big Lakes County
- CountyBig Lakes County
- Zip CodeT0G 0W0
Subdivisions in Rural Big Lakes County
Market Summary
Current real estate data for Multi Family in Rural Big Lakes County as of Oct 14, 2025
1
Multi Family Listed
96
Avg DOM
450
Avg $ / SqFt
$899,900
Avg List Price
Property Summary
- 1-8, 1504 Railway Avenue Rural Big Lakes County AB is a Multi Family for sale in Rural Big Lakes County, AB, T0G 0W0. It is listed for $899,900 To schedule a showing of MLS#a2237694 at 1-8, 1504 Railway Avenue in Rural Big Lakes County, AB, contact your Walter Saccomani | Real Broker agent at 4039035395.
Similar Listings Nearby

1-8, 1504 Railway Avenue
Rural Big Lakes County, AB