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Investment Highlights
- Outside of City Limits
- Additional Cleared Acreage Available
- Prime Road Frontage
Executive Summary
Positioned directly along the Mileground Road Roundabout, this 2.96 acre parcel provides prime, road-fronting land (Tracts 1 & 2) with the option to purchase an additional 3.44 acres of cleared land to the rear (Tract 3) — giving a buyer exceptional flexibility for retail, mixed-use, or redevelopment.
The site commands 590 feet of frontage along the roundabout corridor, one of the highest-traffic intersections feeding Morgantown's retail core, and sits within view of established national and regional retailers, a school campus, and dense surrounding neighborhoods.
Because the property sits outside city limits with no zoning in place, a buyer has broad latitude to shape the site to its highest and best use. All utilities are already available on the property, and an existing 7,500± SF building offers the option to renovate for immediate use or clear the site for new construction.
The site commands 590 feet of frontage along the roundabout corridor, one of the highest-traffic intersections feeding Morgantown's retail core, and sits within view of established national and regional retailers, a school campus, and dense surrounding neighborhoods.
Because the property sits outside city limits with no zoning in place, a buyer has broad latitude to shape the site to its highest and best use. All utilities are already available on the property, and an existing 7,500± SF building offers the option to renovate for immediate use or clear the site for new construction.
Property Facts
| Price | $4,763,570 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 2.96 AC |
| Property Type | Land | ||
| Zoning | None - None- Outside of City Limits | ||
| Price | $4,763,570 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 2.96 AC |
| Zoning | None - None- Outside of City Limits |
1 Lot Available
Lot
| Price | $4,763,570 CAD | Lot Size | 2.96 AC |
| Price Per AC | $1,609,314.16 CAD |
| Price | $4,763,570 CAD |
| Price Per AC | $1,609,314.16 CAD |
| Lot Size | 2.96 AC |
2.967 Acres with 590 feet of Mileground Road Roundabout Frontage. Outside of city limits. Additional 3.44 acres also available for sale.
Description
2.96± acres (Tracts 1 & 2) offered at $3,400,000 Additional 3.44± acres (Tract 3) available for purchase at an additional cost 6.4± acres total available across 3 surveyed tracts 590± feet of frontage on the Mileground Road roundabout No zoning — property lies outside city limits All utilities available on site Existing 7,500± SF building — renovate, lease, or redevelop High-visibility corridor near retail, schools, and dense residential
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 08-8D-00230000 | Improvements Assessment | $129,897 CAD |
| Land Assessment | $125,086 CAD | Total Assessment | $254,984 CAD |
Property Taxes
Parcel Number
08-8D-00230000
Land Assessment
$125,086 CAD
Improvements Assessment
$129,897 CAD
Total Assessment
$254,984 CAD
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1644 Mileground Rd
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