About Penhold Commercial Real Estate
Commercial real estate investors are very interested in vacant land for sale in and around Penhold, AB. A short drive south of Red Deer City, ten minutes from the regional airport, and known as "The Home of Future Generations", Penhold is a welcoming, family oriented town in Central Alberta that relies on agriculture as the major contributor to its economy. Sitting on the quieter Highway 2A, Penhold manages to retain its small town charm without losing any convenience in its location, and has nurtured a vibrant population of community spirited young families who regularly involve themselves in local volunteer projects and campaigns.
Further expansion of Penhold is in the pipeline, especially to the east of Highway 2A, meaning the opportunity for businesses to invest in real estate land for sale and join those already thriving there is set to grow along with the number of residents. With Alberta’s highly competitive provincial tax laws further helping those who are looking to enter the commercial property market or purchase real estate land for sale, investors in Penhold can enjoy not being required to pay provincial retail sales tax, provincial capital or payroll tax. Despite being one of the smaller towns in the Central Alberta “Region of Opportunity”, commercial real estate listings for Penhold property and the planned expansion projects show the potential that exists there, while the progressive nature of the town and its residents mark Penhold out as a prime location for investment in existing commercial property or considering real estate listings of land for sale.