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5230 44 AVE #1 Spirit River, AB T0H 3G0
22,177 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 22,177 sqft
Price per Sqft $45
MLS® Listing ID A2273788
Year Built 1960
Property Sub-Type Apartment
Source Grande Prairie
Property Description
Pleasant View Lodge in Spirit River, Alberta offers multifamily investors a rare chance to acquire a large-scale residential complex with exceptional repositioning potential. Set on 2.32 acres of R4 High Density Residential land, this 42-suite, 22,177 sq. ft. facility has strong underlying infrastructure and has benefited from meaningful capital upgrades, including newer boilers (2015), hot water tanks (2022/2023), double-glazed vinyl windows, and a torch-on roof installed in 2018. The building is currently vacant, providing a clean slate for redevelopment—ideal for conversion to rental apartments, staff housing, seniors housing, or specialized accommodation. Each suite includes a private bathroom, with 26 featuring full tubs or showers. The property also includes supporting amenities such as two staff washrooms, two assisted bathing rooms, a fully equipped commercial kitchen, industrial-grade refrigeration, generous common areas, commercial laundry, office space, a dedicated hair salon, and a 26' x 40' maintenance shop. Situated in a quiet, park-adjacent setting with ample parking, the property is just 50 minutes from Grande Prairie and steps from local services, retail, and the Central Peace Health Centre. With strong demand for quality rental housing and workforce accommodation in Northern Alberta, Pleasant View Lodge represents a compelling opportunity to acquire a high-capacity structure with multiple income-generating pathways and significant value-add potential.
Location
State AB
County Spirit River No. 133, M.d. Of
Zoning R4
Interior
Inclusions None
Exterior
Parking Features Double Garage Detached
Garage Spaces 2.0
Garage Description Double Garage Detached
Total Parking Spaces 20
Building
Story 1
Others
Restrictions None Known
Tax ID 58140002
Ownership Private
Listed by Sutton Group Grande Prairie Professionals