5426 55 Street , Cold Lake   ||   $3,290,000

DETAILS

MLS® NUMBER A2294200
BUILDING TYPE Business
PROPERTY CLASS Commercial
YEAR BUILT 1989
BASEMENT None
GARAGE No
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

Listing Brokerage: MaxWell Canyon Creek

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Listing data is deemed reliable but is not guaranteed accurate by CREB®. Last updated: today at 3:00 a.m.

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