Bring your vision to life with this exceptional development opportunity at 5421 2 Street E, Claresholm. This prime property offers a unique combination of commercial and residential potential, making it an ideal investment for developers, business owners, and investors alike.
The majority of the property is zoned Highway Commercial (C-2), providing endless possibilities for a wide range of permitted uses, including restaurants, cafés, gas stations, hotels, offices, retail businesses, and alternative energy developments. Convenient lot line utility services including electricity, water, cable, and telephone are already available, with sewer and high speed internet services also accessible, making future development straightforward.
Adding even greater value, a portion of the property is zoned R-1 Residential and has already received municipal approval for the development of up to five homes. This rare mixed use opportunity allows you to combine residential and commercial development on one property, maximizing its investment potential.
Whether you're looking to establish a thriving commercial venture, develop residential housing, or create a mixed use project, this versatile property offers outstanding flexibility in a highly visible location.
Please refer to the supplements for zoning details, approved residential development information, and additional photos of the property.
Data was last updated July 4, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$65,000
Min list price:
$65,000
Max list price:
$14,800,000
Avg days on market:
263
Min days on market:
3
Max days on market:
372
These statistics are generated based on the current listing's property type
and located in
Claresholm. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.