309 GOVERNMENT Road S
Diamond Valley Diamond Valley T0L 0H0

$649,900
Commercial

Main Photo: 309 GOVERNMENT Road S in Diamond Valley: Mixed Use for sale : MLS®# A2221577
Photo 1: 309 GOVERNMENT Road S in Diamond Valley: Mixed Use for sale : MLS®# A2221577
Photo 2: 309 GOVERNMENT Road S in Diamond Valley: Mixed Use for sale : MLS®# A2221577
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Photo 20: 309 GOVERNMENT Road S in Diamond Valley: Mixed Use for sale : MLS®# A2221577
Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2221577
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 MICRO BREWERY, 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!!
Property Type:
Commercial
Property Sub Type:
Mixed Use
Transaction Type:
For Sale
Lease Measure:
Acres
Possession:
15 Days / Neg
Taxes:
$4,324.29 / 2025
Lot Area:
28,314 sq. ft.
Lot Frontage:
179'6"
Bathrooms:
- (Full:-, Half:-)
Plan:
2298DR
Structure Type:
None
Ensuite:
No
Utilities:
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Garage:
No
Shed (Negotiable)
Architectural Guidelines, Utility Right Of Way
Title to Land:
Fee Simple
Lot Features:
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
Num. of Parcels:
0
Outbuildings:
Shed
Fencing:
Partial
Nearest Town:
Black Diamond
Region:
Foothills County
Zoning:
CB - Central Business
Listed Date:
Jun 06, 2025
Days on Mkt:
303
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Listed by RE/MAX House of Real Estate
Data was last updated April 5, 2026 at 06:05 PM (UTC)
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