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$ 64,900
Est. payment | /mo
6,555 Sqft Lot
$ 64,900
Est. payment | /mo
6,555 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID SK036404
Year Built 1932
Lot Size 6,555 Sqft
Acres 6555.0
Property Sub-Type Freehold
Property Description
Investor / Development Opportunity – Downtown Humboldt Attention builders, investors, and developers — this is a rare opportunity to acquire an ideally located R3-zoned property in the heart of Humboldt with exceptional redevelopment potential. This 50' x 131' lot offers a highly functional layout with the unique advantage of alley access along the side AND rear of the property, creating excellent flexibility for future site planning, parking access, garage placement, or multifamily development design. Why This Property Stands Out • R3 Zoning — strong potential for multifamily residential redevelopment • Prime downtown location close to amenities and services • Dual alley access is extremely rare and highly practical for development • Flat rectangular lot with efficient dimensions • Excellent opportunity for: o Duplex o Fourplex o Row-style housing o Revenue property development Opportunities for affordably priced multifamily-zoned lots in established downtown locations are becoming increasingly difficult to find. For the right buyer with vision, this property offers a chance to create new housing inventory in a growing Saskatchewan community with record high demand. Disclosure: The existing structure on the property has been vacant for many years and is likely economically beyond repair. The property is being sold AS-IS for land value and redevelopment potential only. Buyers should expect the existing building to require demolition. Discussion with the city has deferred demolition order to allow an opportunity for sale and redevelopment plan. Buyer to perform their own due diligence regarding zoning, permitted uses, demolition requirements, servicing, and redevelopment plans. (id:24570)
Location
Province SK
Rooms
Kitchen 0.0
Interior
Heating Other
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Lot Description Lawn
Story 1.75
Others
Ownership Freehold
Listed by Century 21 Fusion - Humboldt
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