Discover the potential of this unique property located on the main street of Milo, Alberta. Currently used as a residence, this versatile building holds commercial zoning, offering an excellent opportunity for a live/work setup. Its historic significance may qualify it for potential Heritage status, opening doors to grants for further enhancements. It is estimated to have been built in 1940, but it may actually be older. Situated just 10 minutes from McGregor Lake, this property also serves as an ideal weekend retreat, providing easy access to swimming, boating, and exceptional fishing opportunities. The electrical and plumbing were updated approximately ten years ago, while the metal roof was replaced five years ago. The hot water tank is six years old, and the furnace is four years old. The basement is unfinished, providing ample storage space and potential for additional development. Whether you're looking for a residential oasis or a strategic commercial venture, this gem in Milo offers both charm and opportunity.
Address
126 Centre Street
List Price
$85,000
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Area
Milo
Sub-Area
Other
Bedrooms
1
Bathrooms
1
Floor Area
1,008 Sq. Ft.
Lot Size
2998 Sq. Ft.
Year Built
1940
MLS® Number
A2201412
Listing Brokerage
Magnuson Realty Ltd
Basement Area
Full, Unfinished
Postal Code
T0L 1L0
Zoning
Commercial
Site Influences
Back Lane, Back Yard, City Lot, Fishing, Lake, Schools Nearby, Rectangular Lot