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Cenovus Energy is selling the former Kodiak Refinery property in Lloydminster for $18.3 million.
The 81-acre development property fronting Highway 16 (44 St.) across from Pizza Hut is listed for sale by Cushman & Wakefield commercial real estate brokers in Edmonton.
The site in question is zoned C2 for highway corridor commercial and DC4 for light industrial near the railway tracks by the City of Lloydminster’s Land Use Bylaw 05-2016.
The C2 zoning fronting the highway enables commercial development and limited residential development opportunities on large sites abutting highways 16 and 17.
Permitted uses range from hotels and automotive repair shops to shopping centres.
DC4 zoning accommodates areas deemed to be highly environmentally sensitive and planned for light industrial business parks and business sites abutting commercial uses.
Permitted uses within this zone include anything from government services and greenhouse and plant nurseries to hardware and home improvement stores.
