$649,900
FOR SALE

Commercial/Retail

Lot: 54.7 x 48.7 m

309 Government Road S
Diamond Valley, AB T0L 0H0

PRIME COMMERCIAL OPPORTUNITY IN THE HEART OF DIAMOND VALLEY!!This FULLY SERVICED 0.65-ACRE COMMERCIAL PARCEL boasts EXCEPTIONAL STREET FRONTAGE along GOVERNMENT STREET (HWY 22), offering HIGH VISIBILITY in a CENTRAL LOCATION. A BRAND-NEW CLEAN PHASE 1 REPORT was completed in SEPT 2025!! MUNICIPAL WATER, SEWER, AND NATURAL GAS are IN PLACE, ensuring a SMOOTH PATH TO DEVELOPMENT.The 160’ x 180’ FLAT LOT provides MULTIPLE ACCESS POINTS from both GOVERNMENT STREET and the REAR LANES, making it ideal for a WIDE RANGE OF DEVELOPMENT POSSIBILITIES. Perfectly suited for a MIXED-USE BUILDING, the site supports a CONCEPT OF COMMERCIAL SPACE ON THE MAIN LEVEL WITH RESIDENTIAL UNITS ABOVE—an idea that has already received a POSITIVE RECEPTION in discussions with the TOWN OF DIAMOND VALLEY. MOUNTAIN VIEWS would be available from the SECOND FLOOR.The lot’s FLEXIBILITY allows for COUNTLESS POTENTIAL OPTIONS, from a PROFESSIONAL OFFICE COMPLEX (LAW, INSURANCE, REGISTRY, ACCOUNTING) to a MICRO BREWERY, BOUTIQUE RETAIL HUB, or MULTI-TENANT COMMERCIAL PLAZA accommodating up to FOUR SEPARATE BUSINESSES.There is also POTENTIAL TO SUBDIVIDE the land into TWO TO FOUR SMALLER LOTS, providing even MORE DEVELOPMENT VERSATILITY.ARE YOU LOOKING FOR A BUSINESS PARTNER?!? Ask us about the OPTIONS TO HOLD THE LAND. There is also POTENTIAL TO CO-OPERATE WITH A BUILDER AND PURSUE A JOINT-VENTURE DEVELOPMENT OPPORTUNITY, offering FLEXIBILITY FOR INVESTORS OR PARTNERS looking to COLLABORATE ON THE PROJECT.An ADDED BONUS: the ADJACENT PARCEL IS ALSO AVAILABLE, creating a COMBINED 0.82-ACRE BUILD SITE. The 82’ x 88’ residential lot directly south of the property may be available to the purchaser, offering EVEN MORE FLEXIBILITY and EXPANSION POTENTIAL. Located in Diamond Valley, this is a RARE OPPORTUNITY to INVEST in a growing, vibrant community with strong support for thoughtful, MIXED-USE PROJECTS!! (id:47421)
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Listed By RE/MAX House of Real Estate
Data Provided By Calgary Real Estate Board
MLS® Listing Number A2221577
Last Updated May 13, 2026
Property Summary
Property Type Commercial/Retail

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Price History

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Detailed Information
Lot 54.7 x 48.7 m
Features Visual exposure, Back lane, Lane, Gravel lane, Level
Listing Contract Date 2025-06-06
Municipal ID 0028017739
Ownership Type Freehold
Plan 2298DR
Property Type Other
Road Paved road
Structures Shed
Transaction Type For sale
Zoning Description CB - Central Business
Building
Age Age is unknown
Size (Exterior) 0 square feet
Type Commercial Mix
Utilities
Type Description
ElectricityAvailable
Natural GasAvailable
SewerAvailable
WaterAt Lot Line
Land
Total Size 0.65 acres
Fence Type Partially fenced
Size of Irregular Land 0.65

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