3 AB-11A - Storefront Retail/Office FOR SALE


Sylvan Lake, AB T4S 1P4
$1,500,000 CAD
403-669-3969
3 AB-11A, Sylvan Lake, AB for Sale
$1,500,000 CAD
Storefront Retail/Office - FOR SALE
1/6
null | Request Cap Rate

3 AB-11A
Sylvan Lake, AB T4S 1P4


HIGHLIGHTS

  • • Freestanding retail building with ±3,850 SF of interior space on ±0.87 acres.
  • • Positioned on a prominent corner with excellent visibility near major highways.
  • • Zoned Highway Commercial allowing for versatile business uses.
  • • Current NNN lease runs through mid-2029, ensuring secure passive income.
  • • Benefits from heavy daily traffic and over one million annual visitors to Sylvan Lake.
  • • Located within the Calgary-Edmonton Corridor, offering connectivity to global markets.

OVERVIEW

This high-visibility standalone restaurant property is located at the bustling intersection of Lakeshore Drive and Highway 20 in Sylvan Lake, Alberta. Currently home to Roundabout Eatery, this ±3,850 SF building sits on a generous 0.87-acre lot with ample parking, a south-facing patio, and an electrified pylon sign. With traffic counts exceeding 20,000 vehicles per day, this site offers unmatched exposure in a thriving lakeside community. Investors will appreciate the secure NNN lease in place through mid-2029, while restaurateurs will find a turnkey setup ideal for immediate operation. Zoned Highway Commercial, the property supports a wide range of permitted uses. Sylvan Lake welcomes over 1 million annual visitors and is poised for continued growth, making this a strategic opportunity for both income generation and business expansion.

FOR SALE DETAILS

PRICE

$1,500,000 CAD

PRICE/SF

$390 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Roundabout Eatery

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

HC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Blair BestNAI AdventMore Info
403-669-3969

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Blair BestNAI AdventMore Info
403-669-3969

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.