RE/MAX Commercial Capital Ritchie Mill

#303, 10171 Saskatchewan Drive Edmonton, AB T6E 4R5

780 757 1010

Brandon HughesAssociate780 966 0699brandon@rcedm.ca

Scott HughesBroker/Owner780 915 7895scott@rcedm.ca

Prime Mixed-Use Development Land

2B/2C Saskatchewan Avenue Devon, Alberta

FOR SALE

• Ideal site for a multi-storey rental or condominium project, a full service hotel, a seniors facilityor a mixed use development. DC (Direct Control) zoning in place.

• The subject land is located along the banks of the North Saskatchewan River having directaccess to the river valley, as well as being a part of the exciting Devon downtown redevelopmentarea.

• Annexation was approved for 680 acres on the Eastern boundary of Devon which will allow forfuture residential and commercial development.

$1,055,000

HIGHWAY 60

NORTH SASKATCHEWAN RIVER

Sherri Joyce Associate780 757 1010 ext 103 sherri@rcedm.ca

www.rcedm.ca

Property Details

For Sale 2B/2B Saskatchewan Avenue

Address 2B/2C Saskatchewan Avenue

Legal AddressLot B, Plan 1320NY & Lot 5, Block 1, Plan 0820995

Land Size +/- 4.22 acres

Zoning DC - Direct Control

Property Taxes $7,214.96 (2018)

Sale Price $1,055,000 ($250,000/acre)

Investing in Devon

Devon is known for its prosperity and vibrant business environment, having an abundance of resources, technology and a skilled work force. The roots of Devon come from the oil industry, and this sector continues to play a major role in the vitality of the community. In addition, Devon also features a variety of businesses and industries that help to diversify its strong economic base.

Devon is strategically situated just minutes from Edmonton’s International Airport as well as the Nisku & Acheson Industrial Parks. One third of Devon’s population commutes to Edmonton, one third commutes to Nisku/Leduc/International Airport area, and one third work directly in Devon.

Devon’s Advantage

The North Saskatchewan River - Devon is located on the banks of the scenic North Saskatchewan River complete with 14 km of nature trails connected to paved trails throughout Town. They are the western anchor of the River Valley Alliance - working toward a river valley trail system from Devon to Fort Saskatchewan.

Lower Utility Costs - Essential city services are more affordable in Devon. Services provided by the city including gas, water and sewer are less expensive then in many other municipalities.

No Business Tax - Devon prides itself in creating partnerships with their businesses and offers no tax on businesses.

Growth - Devon offers a growing retail and commercial sector with a variety of professional and customer oriented services.

Essential Services - Award winning volunteer fire department services, a full service RCMP facility, a hospital and ambulance system with a full range of professional medical services.

Major Tourist Attractions - Devon is only minutes away from several major tourist attractions such as Castrol Raceway Park, Devonian Botanic Garden, Rabbit Hill Snow Resort, Canadian Petroleum Discovery Centre and Clifford E. Lee Nature Sanctuary. Devon attracts approximately 120,000 unique visitors annually to the area.

www.rcedm.caFor Sale 2B/2B Saskatchewan Avenue

Downtown Revitalization Plan

Devon Town Council has approved the Downtown Revitalization Plan that will define the community and set the stage for growth and development in Devon.

This plan showcases the development of a strong character main street, compact and walkable downtown core, central multi-use community and recreation area, LED street lighting, river escapment and recreation corridor along the North Saskatchewan River, strong visual impact with commercial businesses along Highway 60 and many more development ideas.

There is also a $3M, 3km section of paved walking and biking paths through Voyageur Park along the North Saskatchewan River under development which the Alberta Government has invested $11M for the local Devon wastewater treatment facility upgrades. Highway 19 is also receiving an $80M twinning upgrade which is to be completed in 2018-2019.

To view the entire plan, please visit this link: Devon Downtown Revitalization Plan

Current Devon Aerial Downtown Revitalization Aerial

SUBJECT SITE

SUBJECT SITE

The information contained herein was obtained from sources deemed to be reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form a part of any future contract. All measurements need to be independently verified by the Purchaser/Tenant.

RE/MAX Commercial Capital Ritchie Mill #302 10171 Saskatchewan Drive Edmonton, AB T6E 4R5780 757 1010

CONTACT US

www.rcedm.caFor Sale 2B/2B Saskatchewan Avenue

Brandon HughesAssociate780 966 0699brandon@rcedm.ca

Scott HughesBroker/Owner780 915 7895scott@rcedm.ca

Location

The Town of Devon is located approx 27 km south west of downtown Edmonton and is situated along a scenic portion of the North Saskatchewan River. Two primary highways serve the Town: Highway 60 runs north south through Devon and Highway 19 borders the Town along its south boundary and runs in an east/ west direction.

Leduc County surrounds Devon to the south, east and west, while Parkland County is situated to the north.

The new Premium Collection outlet centre, Nisku Business Park and the Edmonton International Airport are both situated east of Devon approximately 12 km.

HIGHWAY 16

HIGHWAY 16A

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60

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EDMONTON

ACHESONSPRUCE GROVE

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LEDUC

HIGHWAY 19

HIGHWAY 60

Sherri Joyce Associate780 757 1010 ext 103 sherri@rcedm.ca