Simon D. Hunt
(403) 850-5502
RE/MAX House of Real Estate
403-287-3880
309 GOVERNMENT Road S
Diamond Valley , Alberta T0L 0H0
Diamond Valley , Alberta T0L 0H0
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309 GOVERNMENT Road S For Sale
$649,900
PRIME COMMERCIAL OPPORTUNITY IN THE HEART OF DIAMOND VALLEY!
This FULLY SERVICED 0.65-ACRE COMMERCIAL PARCEL boasts EXCEPTIONAL STREET FRONTAGE along GOVERNMENT STREET (HWY 22), offering HIGH VISIBILITY in a CENTRAL LOCATION. A BRAND-NEW CLEAN PHASE 1 REPORT was completed in SEPT 2025!!! MUNICIPAL WATER, SEWER, AND NATURAL GAS are IN PLACE, ensuring a SMOOTH PATH TO DEVELOPMENT.
The 160’ x 180’ FLAT LOT provides MULTIPLE ACCESS POINTS from both GOVERNMENT STREET and the REAR LANES, making it ideal for a WIDE RANGE OF DEVELOPMENT POSSIBILITIES. Perfectly suited for a MIXED-USE BUILDING, the site supports a CONCEPT OF COMMERCIAL SPACE ON THE MAIN LEVEL WITH RESIDENTIAL UNITS ABOVE—an idea that has already received a POSITIVE RECEPTION in discussions with the TOWN OF DIAMOND VALLEY. MOUNTAIN VIEWS would be available from the SECOND FLOOR.
The lot’s FLEXIBILITY allows for COUNTLESS POTENTIAL OPTIONS, from a PROFESSIONAL OFFICE COMPLEX (LAW, INSURANCE, REGISTRY, ACCOUNTING) to a MICROBREWERY, BOUTIQUE RETAIL HUB, or MULTI-TENANT COMMERCIAL PLAZA accommodating up to FOUR SEPARATE BUSINESSES.
There is also POTENTIAL TO SUBDIVIDE the land into TWO TO FOUR SMALLER LOTS, providing even MORE DEVELOPMENT VERSATILITY.
ARE YOU LOOKING FOR A BUSINESS PARTNER?!? Ask us about the OPTIONS TO HOLD THE LAND. There is also POTENTIAL TO CO-OPERATE WITH A BUILDER AND PURSUE A JOINT-VENTURE DEVELOPMENT OPPORTUNITY, offering FLEXIBILITY FOR INVESTORS OR PARTNERS looking to COLLABORATE ON THE PROJECT.
An ADDED BONUS: the ADJACENT PARCEL IS ALSO AVAILABLE, creating a COMBINED 0.82-ACRE BUILD SITE. The 82’ x 88’ residential lot directly south of the property may be available to the purchaser, offering EVEN MORE FLEXIBILITY and EXPANSION POTENTIAL. Located in Diamond Valley, this is a RARE OPPORTUNITY to INVEST in a growing, vibrant community with strong support for thoughtful, MIXED-USE PROJECTS.
Transaction Type
For Sale
For Sale
Title
Fee Simple
Fee Simple
Days On Market
165
165
Zoning
CB - Central Business
CB - Central Business
Subdivision
NONE
NONE
Nearest Town
Black Diamond
Black Diamond
Structure Type
None
None
Property Type
Commercial
Commercial
Property Sub Type
Mixed Use
Mixed Use
Legal Plan
2298DR
2298DR
Building Area (Sq. Ft.)
0.00
0.00
Building Area (Sq. M.)
0.00
0.00
Lot Size (Sq. Ft.)
28314
28314
Lot Size (Acres)
0.65
0.65
Lot Features
Back Lane,City Lot,Level,Open Lot,Street Lighting,Subdivided
Back Lane,City Lot,Level,Open Lot,Street Lighting,Subdivided
Access to Property
Back Alley Access,Direct Access,Gravel Lane,Indirect Access,Lane,Mixed,On Major Traffic Route,Paved Road,Private,Public,Two-Way Access,Visual Exposure
Back Alley Access,Direct Access,Gravel Lane,Indirect Access,Lane,Mixed,On Major Traffic Route,Paved Road,Private,Public,Two-Way Access,Visual Exposure
Inclusions
Shed (Negotiable)
Shed (Negotiable)
Restrictions
Architectural Guidelines,Utility Right Of Way
Architectural Guidelines,Utility Right Of Way
Reports
Aerial Photos,Environmental Phase 1,RPR,Title
Aerial Photos,Environmental Phase 1,RPR,Title