309 Government Road S Diamond Valley, Alberta T0L 0H0

$649,900

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 MICROBREWERY, 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:57810)

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https://www.realtor.ca/real-estate/28430907/309-government-road-s-diamond-valley