5230 44 Avenue, Spirit River - Multi-family for Sale

Description

Exceptional redevelopment or operational opportunity in Spirit River! Pleasant View Lodge is a well-maintained, institutional-quality 42-suite care facility offering 22,177 sq. ft. of space on 2.32 acres of R4 High Density Residential land, priced at only $45/sq. ft. Now vacant and available for immediate occupancy or repositioning, this versatile property offers tremendous potential for seniors housing, assisted living, specialized care, workforce accommodation, or multi-family conversion. Every suite features its own private bathroom, with 26 suites equipped with full tubs or showers. The facility is exceptionally well equipped with a commercial kitchen, spacious common areas, assisted bathing rooms, staff facilities, offices, commercial laundry, hair salon, and a 26' x 40' maintenance shop. Extensive capital improvements provide a strong foundation for the next owner, including boilers replaced in 2015, hot water tanks in 2022/2023, a torch-on roof completed in 2018, and modern double-glazed vinyl windows. Outside, the property offers ample parking, mature landscaping, and a peaceful setting close to parks and local services. Located approximately 50 minutes from Grande Prairie, this substantial property combines existing infrastructure, flexible R4 zoning, and an attractive acquisition cost, creating a unique opportunity for investors, operators, developers, or organizations seeking a large-scale facility in Northern Alberta. (id:66096)

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