Bring your vision to life with this exceptional development opportunity at 5421 2 Street E, Claresholm. This prime property offers a unique combination of commercial and residential potential, making it an ideal investment for developers, business owners, and investors alike. The majority of the property is zoned Highway Commercial (C-2), providing endless possibilities for a wide range of permitted uses, including restaurants, cafs, gas stations, hotels, offices, retail businesses, and alternative energy developments. Convenient lot line utility services including electricity, water, cable, and telephone are already available, with sewer and high speed internet services also accessible, making future development straightforward. Adding even greater value, a portion of the property is zoned R-1 Residential and has already received municipal approval for the development of up to five homes. This rare mixed use opportunity allows you to combine residential and commercial development on one property, maximizing its investment potential. Whether you're looking to establish a thriving commercial venture, develop residential housing, or create a mixed use project, this versatile property offers outstanding flexibility in a highly visible location. Please refer to the supplements for zoning details, approved residential development information, and additional photos of the property.
Listed by Gurman Sidhu of Real Broker

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Property Details of 5421 2nd Street E

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 Based on information submitted to Pillar 9 as of July 2, 2026 8:41 AM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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