July 21, 2018
The historic city of Lacombe lies twenty minutes north of Red Deer City in thriving Central Alberta, conveniently located on Highway 2, the province’s main north-south arterial highway. Lacombe commercial real estate listings range from retail space to land development to commercial industrial. Browse them below:
Sitting almost central in the Edmonton-Calgary corridor, humble Lacombe is in a prime location when looking for industrial real estate for sale, with two million people and two international airports in a 150km radius from the city, and an additional 15 million people further afield in wider Western Canada and the U.S. Pacific Northwest region.
Despite being Alberta’s newest city, for most in the province Lacombe is best known for its picturesque restored Edwardian high street, a feature that plays a role as the center of the community while attracting a steady stream of outside visitors too. Lacombe residents are proud of their city’s long history, evident too in the Flatiron Building, while a rich variety of amenities and one of the best school systems in the region helps to ensure the city has a bright future too.
Growing Lacombe has a population of around 12,000 people, a figure that is expected to increase by 3% year on year, who contribute to the vibrant atmosphere in the city. With an emphasis on social activities helping the community to blossom, Lacombe is blessed with a friendly energy that extends to encouraging local businesses too, with the entrepreneurial spirit alive, well, and encouraging for those searching for commercial opportunities or industrial real estate for sale.
As permits are needed for all building work in Lacombe, the numbers are a good indicator of the level of growth the city is experiencing. These figures reveal the city to be growing steadily, with over $31 million dollars of permits issued in 2014, up from the 2013 total of $27 million.
As with all locations in Alberta, investors interested in industrial real estate for sale in Lacombe can enjoy the financial benefits allowed by the province’s tax laws, which remain among the most competitive in the whole of North America. With no provincial retail sales tax, provincial capital or payroll taxes to pay, businesses in all of Alberta can take advantage of the favorable tax environment, and Lacombe is no different.
The retail trade is the highest employing sector of Lacombe’s economy, with construction also providing a majority of the jobs in the city. These figures suggest the direction Lacombe may be heading: a city built on a good lifestyle, a healthy tourist trade, and with a good amount of development still ongoing for those looking at industrial real estate for sale in and around the city.
With vast greenspace and parklands providing outdoor enthusiasts a place to enjoy on their own doorstep, and the equally picturesque centers of Gull and Sylvan Lake less than an hour away, Lacombe offers great opportunities to invest in industrial real estate for sale or in the commercial rental of premises with a view to entering into serving the thriving and steadily growing local community.
A historic city with a bright future, Lacombe provides a wealth of options in the commercial real estate investment sector, each with the promise of support from the vibrant local community.
Want more information?