5231 55 Street, Cold Lake

2026-03-11

5231 55 Street, Cold Lake, Alberta

8100 ft²
For Sale Retail
$3,497,800

MLS®#44489259

Fantastic Investment Opportunity to Own this turn-key Plaza Buiding 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 and built-out 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 is now fully built out and features a legal Drive-Thru for whatever Restaurant or Coffee business/Franchise venture you can imagine. 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. Both other spaces may also be available For Lease. Please enquire for more information. (id:32467)

Building Retail
Rooms
Bedrooms
Bathrooms 0
Square Footage 8100 ft²
Built in 1980
Parking Type
Neighbourhood Cold Lake

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Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 3% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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What is the deal exactly, with One Percent Realty?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

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For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

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Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.

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