5121 50 Av, Cold Lake

Living area: 4655 square feet
Type: Commercial
Added: 2 months ago
Updated: 2 months ago
Last Checked: 1 day ago
Listed by: RE/MAX Platinum Realty
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Listing description
This Commercial listing at 5121 50 Av Cold Lake, AB with the MLS Number e4443388 listed by Kelly Baker - RE/MAX Platinum Realty on the Cold Lake market 2 months ago at $849,900.

This building is right on main street and has Panago Pizza as a long term tenant. The other side of the building is also partially rented out, although the back area is available and marketed for lease, with multiple office possibilities or potential retail sales, with plenty of street traffic. The available space for lease is about 2000 sqft., marketed at $14.00/sqft. and $3.00/sqft. common, and includes office spaces, washroom, staff room, conference/meeting rooms, plenty of storage, and can be built to suite for tenants, depending on the term of the lease. With the vacant offices rented, not including the Panago revenue, this property would generate an additional $78,000/year. This property has high revenue potential with the right tenants and already has a stable long term tenant to add appreciation to the property. This could be a very lucrative long term investment for the right buyer. (id:1945)

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Nearby Listings Stat Estimated price and comparable properties near 5121 50 Av

Active listings

Min Price

$35,000

Max Price

$3,197,000

Avg Price

$354,536

Days on Market

220 days

Sold listings

Min Sold Price

$29,000

Max Sold Price

$599,900

Avg Sold Price

$309,604

Days until Sold

69 days

Nearby Places Nearby schools and amenities around 5121 50 Av

Pirouette School Of Dance Society (0.2 km)
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Assumption Junior Senior High School (0.3 km)
5209 48 Ave, Cold Lake

Panago Pizza (0 km)
5121 50 Ave, Cold Lake

Mo's Pizza (0 km)
5111 50 Ave, Cold Lake

Sawmill Prime Rib & Steakhouse (0.1 km)
4815 52 St, Cold Lake

Subway (0.1 km)
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Danny's Donair & Mediterranean Food (0.2 km)
5204B 51 Ave, Cold Lake

Original Joe's Restaurant & Bar (0.2 km)
5302 50 Ave, Cold Lake

Michel's Chinese Restaurant (0.2 km)
5202 51 Ave, Cold Lake

Domino's Pizza (0.2 km)
4910 50 Ave, Cold Lake

Beantrees Cafe (0.1 km)
5112 50 Ave, Cold Lake

BEST WESTERN Cold Lake Inn (0.1 km)
4815 52 St, Cold Lake

Baxters Herbs For Less (0.1 km)
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Casino Dene (0.1 km)
Route 28 & Hwy 897, Cold Lake

Hamel's Meats Ltd (0.2 km)
5209 51 Ave, Cold Lake

Hamel's Catering (0.4 km)
5209 51 St, Cold Lake

Cold Lake Chrysler (0.2 km)
4802 50 St, Cold Lake

Dairy Queen (0.5 km)
4605 50 St, Cold Lake

Price History

Listed

June 20, 2025

by RE/MAX Platinum Realty

Commercial For Sale

$849,900

5121 50 Av, Cold Lake

Listing description This Commercial listing at 5121 50 Av Cold Lake, AB with the MLS Number e4443388 listed by Kelly Baker - RE/MAX Platinum Realty on the Cold Lake market 2 months ago at $849,900.

Nearby Listings Stat Estimated price and comparable properties near 5121 50 Av

Nearby Places Nearby schools and amenities around 5121 50 Av

Price History

Similar Commercial Listings For Sale

Listing description
This Commercial listing at 5121 50 Av Cold Lake, AB with the MLS Number e4443388 listed by Kelly Baker - RE/MAX Platinum Realty on the Cold Lake market 2 months ago at $849,900.