100 Lake Newell Resort Road, Lake Newell Resort, Alberta T0J 2M0

Listed for:
$2,950,000
0 beds
0 baths
Listed 308 days ago
100 Lake Newell Resort Road, Lake Newell Resort, Alberta T0J 2M0

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Listing provided by:
First Place Realty
MLS® number:
A2063227
Agent:
Ed Kwan
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About

Lakefront marina hotel and convention centre development opportunity. 10 Acres of lakefront land to develop and build an 80-100 room hotel and/or convention centre on the north shore of Lake Newell. We expect this location will be as popular as other Alberta vacation spots, with the support of Alberta Tourism and Invest Alberta Corp. Land designated for hotel for $2.9M. ASP (area structural plan) approved. Lakeside lands with sandy beach on one of the largest (65 sq km) and warmest lakes in Alberta. 10 minutes south of Brooks. The land has been approved for area development in the ASP, including commercial land for hotel building, lake front commercial developments. Access to the lake and sandy beach from the hotel site. Marina access and boat launch, water and sewer connection available. There are approved campsite development, proposed golf course and driving range land to be developed. Other surrounding developments such as marina commercial development, gas station, shopping, vacation village and lakeside residential development opportunities are also available in addition to the 10 Acre hotel and/or convention centre development land. NDA required for further details. Vendor may consider seller financing or joint venture proposals. (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Freehold
Amenities nearby
Golf Course, Park, Playground

Location

Summary

Located on the north shore of Lake Newell, this 10-acre lakefront property presents an exciting opportunity for the development of an 80-100 room hotel and/or convention centre. With an approved area structural plan (ASP), the land is designated for hotel development and is available for purchase at $2.9M. The location is expected to be a popular destination, supported by Alberta Tourism and Invest Alberta Corp.

The land offers sandy beach access to one of the largest and warmest lakes in Alberta, with amenities including a marina, boat launch, and water and sewer connections. The ASP approval also includes plans for commercial development, campsite development, a proposed golf course, and a driving range. Additionally, there are opportunities for surrounding developments such as a marina commercial development, gas station, shopping, vacation village, and lakeside residential development.

Located just 10 minutes south of Brooks, the property is also in close proximity to a golf course, park, and playground. The land is for sale and offers the potential for seller financing or joint venture proposals. Interested parties will be required to sign a non-disclosure agreement (NDA) for further details.

The property is situated at 100 Lake Newell Resort Road in the city of Lake Newell Resort, Alberta, with a postal code of T0J2M0. The land size is 9.8 acres, and it presents an attractive opportunity for a hotel and/or convention centre development in a prime lakefront location.