IRON GATE-SYLVAN LAKE. 3.77 acres of prime commercial development land (zones CNS) in thriving Sylvan Lake, located directly across from Wal-Mart in Iron Gate subdivision on 47th Avenue. Iron Gate is directly across from three fully developed quarter sections consisting of three district shopping centres with numerous tenants including a new C0-OP gas bar and car wash, Wal-Mart, Canadian Tire, No Frills, Sobey's, Shoppers Drug Mart, A&W, Wendy's, McDonalds. Directly supporting these shopping centres are the fully developed residential subdivisions of Ryder's Ridge, Hewlett Park and the industrial subdivisions of Cuendet Industrial Park and Norell business Park. This area has quickly become Sylvan Lake's "Go to" for shopping, commerce and residential lifestyles. Iron Gate subdivision consists of commercial land, multi-family and duplex lots in the first phase, with the balance of the 88 acres mixed residential. Residential construction is well under way with 30 duplex lots currently built or under construction, 14 townhomes built, 52 townhome site developed and under construction, a new phase of 17 residential lots and 20 townhomes starting in he spring of 2022. This land front onto 47th avenue across form Wal-Mart and backs onto the subdivisions storm pond with walking trails and parks. An excellent location for businesses looking for high traffic, high exposure. A new commercial development is under development directly west of the subject property with the first phase fully leased to 7-11 with gas bar, Donimo's Pizza, Iron Gate Liquor, Mobil 1 Lube, Burger Parlour, Weed Kings. (id:1184)