The Town of Olds has opened a Request for Offers on a parcel of land located at 4920 49 Ave (former recycling centre lot).

The Town invites interested parties to complete an Offer to Purchase form, available HERE, and submit to [email protected]. Based on 2 market appraisals, the Town is listing its preferred price as $105,000.

Proposals will be accepted until 4pm on July 28th, 2025. Please provide as much detail as possible, including the offer price, sale conditions, and any development plans you are comfortable sharing. All submissions will be kept confidential.

This process is part of the ongoing review of Town-owned properties. More information can be viewed at: www.olds.ca/partnership.

The property is currently zoned light industrial with an envisioned mixed-use. A fully serviced lot and ready for development. Please view resource links below:

• Area Redevelopment Plan
• Town of Olds Incentives

Permitting processes have been streamlined with approvals happening within 3-6 weeks.

The town will pay a 3% realtor commission to a licensed realtor who successfully facilitates the sale of this property.

4920 49 Avenue

Current Zoning: Light Industrial
Envisioned Use: Mixed Use
ARP Area: Uptowne Area Redevelopment Plan
Lot Area: 1419.53m
Assessment: $134,600
Price: $105,000
Improvements: None
Fully Serviced