$2,950,000 FOR SALE

Land

100 Lake Newell Resort Road
Lake Newell Resort, AB T0J 2M0

Lakefront marina hotel and convention centre development opportunity. 10 Acres of lakefront land to develop and build an 80-100 room hotel and/or convention centre on the north shore of Lake Newell. We expect this location will be as popular as other Alberta vacation spots, with the support of Alberta Tourism and Invest Alberta Corp. Land designated for hotel for $2.9M. ASP (area structural plan) approved. Lakeside lands with sandy beach on one of the largest (65 sq km) and warmest lakes in Alberta. 10 minutes south of Brooks. The land has been approved for area development in the ASP, including commercial land for hotel building, lake front commercial developments. Access to the lake and sandy beach from the hotel site. Marina access and boat launch, water and sewer connection available. There are approved campsite development, proposed golf course and driving range land to be developed. Other surrounding developments such as marina commercial development, gas station, shopping, vacation village and lakeside residential development opportunities are also available in addition to the 10 Acre hotel and/or convention centre development land. NDA required for further details. Vendor may consider seller financing or joint venture proposals. (id:47423)

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Listed By FIRST PLACE REALTY
Data Provided By Calgary Real Estate Board
MLS® Listing Number A2063227
Last Updated Jul 05, 2023
Property Summary
Property Type Land

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Detailed Information
Amenities Nearby Golf Course, Park, Playground
Community Features Golf Course Development, Lake Privileges, Fishing
Listing Contract Date 2023-07-05
Municipal ID T688538937
Ownership Type Freehold
Property Type Vacant Land
Transaction Type For sale
Waterfront Type Waterfront
Zoning Description commercial/recreational
Building
Age Age is unknown
Land
Total Size 9.8 acres
Acreage Yes
Amenities Golf Course, Park, Playground
Cleared Land 10 acres
Fence Type Not fenced
Landscape Features Landscaped
Size of Irregular Land 9.80

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