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Bidding Ends
37 days, 4 hours (Subject to early close)
Starting Bid
CAD 2,000,000
0 bids    Reserve not metHow Bidding Works
Bid Increment
CAD 10,000

You will confirm this bid on the next page. How Bidding Works How Bidding Works
Buy Now Price
CAD 2,800,000
9 watchers
Parcel Number
"SUBJECT TO EARLY CLOSE" does not apply. The listing will close as advertised.

If the high bid does not meet reserve when bidding closes, the high bidder will be the first to be contacted with the opportunity to negotiate.

***This parcel will close on October 30, 2023***

Please See Seller Supplied Specifications Attached in the Documentation Section Below

Upon Placing A Bid, You Agree To And Accept These TERMS & CONDITIONS


Listing Details

1 Parcel of Real Estate:
42.68± Title Acres
15,000± Sq Ft Shop & Office Building
1500± Sq Ft Modular Building
AB/Lamont County

Directions To Property

  • 195043 Hwy 29, Lamont County, AB
  • GPS: 53.772285, -112.814887

AB/Lamont County

Welcome to the Industrial Heartland, and the latest offering from Ritchie Bros Real Estate. Get ready to Bid on this roughly 15,000 square foot industrial shop sitting on 42.68 acres in Lamont County. The Industrial Heartland is the largest industrial area in Western Canada and a joint land-use planning and development initiative between five municipalities in the Edmonton Capital Region to attract investment in the chemical, petrochemical, oil, and gas industries to the region. It is "home to more than 40 petrochemical companies" and is one of Canada's largest petrochemical processing regions. The shop consists of 13,500 square feet of shop space, 1,500 square feet. office space and additional space via a modular used for a lunchroom with approximately 1,440 square feet.

Roughly 15 acres of the site is graveled and fenced for storage and parking around the industrial building. The remainder of the site is cleared, with possible use for future expansion and subdivision. Definitely a turnkey situation for the right individual or company.

Parcel 1 – Lot D Plan 8121744 – 42.68± Title Acres – Industrial Property

2006 built, 15,000± sq ft shop and office building, 13,500± sq ft shop, (2) drive through bays, (4) overhead doors, 1,500± sq ft office, 1440± sq ft modular space used as lunchroom, 15± ac gravelled and fenced, zoned IC Industrial/Commercial, 2022 taxes $36,383.65.

Property may be viewed by appointment

  • For More Information:
    1.866.490.3081 |
  • Brokerage: Ritchie Bros Real Estate Services Ltd.

Terms & Conditions

Payment Details
Successful bidders are required to pay a transaction fee
Each purchased Lot will be subject to a transaction fee (+ GST & + PST if applicable) of:

10% transaction fee on all Lots selling for $12,000 or less or

4.85% on all Lots selling for over $12,000, up to $75,000, with a minimum fee of $1,200 per Lot or

$3,638 on all Lots selling for over $75,000 (in the currency of the auction).

The transaction fee applies to on-site, online and proxy purchases.

This listing is offered with a reserve. If the reserve amount is met, the listing will be awarded and an invoice will be sent to the winning Buyer. If the highest offer does not meet the reserve amount, the Seller has 2 business days to review the offer and decide whether to accept or decline the offer.