23 Burnside Drive Bragg Creek, Alberta T0L 0K0

$1,599,000

Positioned at the gateway to Bragg Creek, 23 Burnside Drive presents a rare opportunity to acquire a highly visible property with exceptional redevelopment potential. The existing Direct Control (DC) zoning permits both commercial and residential uses, providing flexibility for a wide range of development concepts, including mixed-use projects, boutique retail, professional offices, hospitality, or thoughtfully designed residential development, subject to municipal approvals. Its prominent location offers outstanding exposure, excellent accessibility, and easy walking access to the village core, including shops, cafés, restaurants, trails, and other community amenities. Located within the Bragg Creek Hamlet Core, the property benefits from the community's long-term vision for a vibrant, walkable destination while enjoying the visibility of one of the area's most prominent gateway locations. Beyond its redevelopment potential, the property also represents an attractive buy-and-hold investment. Existing income-producing uses can generate immediate cash flow to help offset carrying costs while redevelopment plans are refined and approvals pursued. This combination of current revenue and significant future upside makes the property equally appealing to investors and developers. As Bragg Creek continues to mature as both a year-round destination and one of Alberta's most sought-after mountain communities, opportunities to acquire well-located development sites are becoming increasingly limited. With its flexible zoning, exceptional visibility, and strategic location, 23 Burnside Drive offers the opportunity to create a landmark commercial, residential, or mixed-use project in the heart of the community. For purchasers seeking a larger-scale development opportunity, 19 River Drive North is also available for acquisition. Together, the two properties formed a boutique hotel, restaurant, brewery, and hospitality concept. Buyers have the opportunity to acquire both propertie s, including the associated Development Permits, architectural plans, engineering and geotechnical studies, planning documents, and related intellectual property, creating a rare opportunity to advance a significant hospitality or mixed-use development with much of the planning work already complete. (id:52784)

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https://www.realtor.ca/real-estate/30087948/23-burnside-drive-bragg-creek