The Opportunity

Overview

Fantastic Investment Opportunity to Own this turn-key Plaza Building and Land in the heart of the City of Cold Lake! This Plaza consists of 3 separate Commercial Lease spaces including a newly completely built-out Pub/Restaurant space, a newly and fully built-out operating Liquor Store, and a freshly completed Restaurant space with legal Drive-Thru. No expenses were spared in gutting and completely rebuilding all 3 Lease spaces, as well as Completely Remodeling the entire Plazas exterior.The 3550 sf Pub plus 1300 sf of mezzanine space (that is complete with office space, washroom, staff room, managers office, etc) comes with high end finishings, equipment and most everything you need to start running your new Pub/Restaurant business or Franchise. There is even a 700 sf Patio attached. The 2400 sf Liquor Store comes complete with high end finishing including stone and travertine, shelving, a custom built walk-in cooler, loading dock, etc and is operating 7 days a week. It comes with 1,000 sf of advertising frontage. Also, there are even two Giant 8ft x 12ft Programmable LED Billboard Advertising Signs on the property, with major exposure on busy Hwy 28 traffic in both directions. Finally the freshly completed 1255 sf Restaurant space features a legal Drive-Thru. Plaza is sprawled across 2 Commercial Lots with Hwy 28 frontage, and a 3rd Commercial Lot is being included with the package, which is being utilized as paved parking for the Plaza. Note: The Liquor Store business is in full operation and is not included in the sale. It may be purchased and Leased separately. Bar space may also be available For Lease. Please enquire for more information. (id:61970)

Investment highlights

01Retail

Property details

Property type: Retail
Transaction: For sale
Site area: 20,908.8 square feet
Listing brokerage: Royal Lepage Northern Lights Realty
Listing representative: Megan Juszczyk
Board / association: Edmonton - Commerical

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Financial information

Asking price$3,597,800

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Location intelligence

5231 55 Street
Cold Lake, Alberta T9M1W2

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Acquisition criteria workpaperDefine required, preferred and flexible mandate criteria →Property tour and comparison scorecardCompare this opportunity against the real requirement →Phase I environmental site assessmentHistory, records, observations and professional findings →Environmental records and contaminated sitesERV, AER records, certificates and search limitations →Commercial property due diligenceCoordinate every acquisition workstream →Commercial buyer representationAcquisition scope, agency, conflicts, information, compensation and exit →Commercial real estate appraisalPurpose, scope, evidence, reliance and report review →Assessment and property taxesAssessment dates, methods, tax allocation and review →Due diligence document requestTitle, permits, environment, leases and operations →Permit and occupancy recordsApplications, inspections, completion and use →Selling commercial propertyOwner objectives, evidence, marketing, offers and closing →Commercial pricing and positioningProperty interest, buyer audience, evidence and launch strategy →Commercial offering memorandumSource control, analysis, privacy, attribution and corrections →Public vs. confidential marketingReach, disclosure, qualification and reporting controls →Buying tenant-occupied commercial propertyLease, rent roll, tenant evidence and closing continuity →Triple net lease investmentsExpense allocation, tenant covenant, remaining term and owner exposure →Commercial lease rollover riskExpiries, renewal uncertainty, downtime and leasing capital →Commercial tenant covenant reviewLegal obligors, payment evidence, financial capacity and privacy →Lease security and letters of creditAmount, custody, expiry, draw and closing transfer →Insurance due diligenceProperty facts, loss history, limits and closing →Replacement cost and loss historyReconstruction assumptions, claims and repairs →Building condition assessmentSystems, records and physical findings →Capital expenditure planTiming, cost basis and scenarios →Inspection accessAuthority, testing and deadlines →Alberta title searchParcels, ownership and registrations →Registered interestsCaveats, easements and rights →Survey plans and boundariesPlans, access and occupation →

Source Record

Current listing facts, with attribution intact.

Source: REALTOR.ca DDF®
Listing status: active
Source ID: 29456296
Last supplied (UTC): October 21, 2026
Listing brokerage: Royal Lepage Northern Lights Realty
Listing representative: Megan Juszczyk
Board / association: Edmonton - Commerical

Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.

Listing brokerage: Royal Lepage Northern Lights Realty · Listing representative: Megan Juszczyk · Board/association: Edmonton - Commerical · Updated (UTC): Oct 21, 2026

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.