Property Details

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5426 55 Street
Cold Lake (A2294200)

$3,290,000
8,094 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

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

Property details

Basic Info

MLS® #
A2294200
Property Type:
Commercial
Subtype:
Business
Subdivision:
Cold Lake South
Price
$3,290,000
Sale/Lease:
For Sale
Size:
8,094 sq.ft.
Year Built:
1989 (37 years old)

Building Info

Structure Type:
Retail
Garage:
No
Fence:
Basement:
No
Inclusions:
To be decided

Lot / Land Info

Lot Size:
0.80 acres
Zoning:
C2

Business Info

Business Type:
Car Wash,Gas Station ,Laundromat

Listing Info

Possession:
90 Days / Neg
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Grassroots Realty Group Ltd.
1-833-477-6687

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