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$ 3,290,000
Est. payment /mo
Active
5426 55 ST Cold Lake, AB T9M 1R5
8,094 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 8,094 sqft
Price per Sqft $406
Subdivision Cold Lake South
MLS Listing ID A2294200
Year Built 1989
Lot Size 0.800 Acres
Acres 0.8
Property Sub-Type Business
Property Description
The subject property is a high-performing Esso fuel retail asset featuring an "On the Run "convenience store,six-bay wand wash,automatic car wash,and a coin-laundry. Positioned on a prominent 35,026 sq. ft. corner lot,the site offers excellent visibility,easy access,and multiple diversified revenue streams.
Cold Lake is entering a major growth cycle driven by two transformational projects:
A $20-billion expansion of 4 Wing Cold Lake tied to the arrival of the F-35 fighter fleet,including new hangars,training facilities,and long-term military infrastructure.
A $16-billion carbon-capture and energy project that will significantly increase industrial activity and workforce presence.
These developments are expected to increase population,contractor traffic,and service-sector demand,directly supporting higher fuel volumes,C-store sales,and car-wash and laundry usage.
The property is supported by strong infrastructure,including three double-wall fiberglass tanks installed in 2006,and a laundry facility with 13 washers and 12 dryers.
Annual Revenues:2025: $4,428,903,2024: $4,921,621,2023: $5,303,620
Cold Lake is entering a major growth cycle driven by two transformational projects:
A $20-billion expansion of 4 Wing Cold Lake tied to the arrival of the F-35 fighter fleet,including new hangars,training facilities,and long-term military infrastructure.
A $16-billion carbon-capture and energy project that will significantly increase industrial activity and workforce presence.
These developments are expected to increase population,contractor traffic,and service-sector demand,directly supporting higher fuel volumes,C-store sales,and car-wash and laundry usage.
The property is supported by strong infrastructure,including three double-wall fiberglass tanks installed in 2006,and a laundry facility with 13 washers and 12 dryers.
Annual Revenues:2025: $4,428,903,2024: $4,921,621,2023: $5,303,620
Location
Province AB
Zoning C2
Interior
Inclusions To be decided
Fireplace No
Exterior
Garage No
Building
Dwelling Type Retail
Others
Restrictions Utility Right Of Way
Listed by MaxWell Canyon Creek