This 133 acres was annexed into the City of Cold Lake, although it still bears the legal description of the MD of Bonnyville until the property is developed or built on. Both the North and East side of the property border highways 55 [North] and Highway 28 [8th Avenue], and although presently 'urban reserve' [formerly Country Residential under the MD of Bonnyville], the land can be rezoned with the potential being for commercial development along highway 55 and highway 28, with a residential housing subdivision in behind, similar to the pattern of the Tri-City area where commercial retail [Tri-City Mall, Wendy's, Starbucks, Tim Horton's, etc], has been developed on highway frontage and residential housing has been developed in behind. The Sellers also own the 7 acres kitty corner to Burger King, Esso, Tim Hortons, off of 8th Avenue, and are willing to sell the total of 140 acres as a package deal. (id:27476)
