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5426 55 Street, Cold Lake

CL001, Cold Lake

$3,290,000

About this property

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

Essential information

MLS® number
A2294200
Status
Active
Price
$3,290,000
Property type
Commercial
Type
Business
Transaction
For Sale
Restrictions
Utility Right Of Way
Building area
8,094 sq ft
Lot size
35,026 sq ft
Year built
1989
Structure
Retail
Listing brokerage
MaxWell Canyon Creek
Source
Pillar 9™ MLS® System

Interior

Included
To be decided

Exterior and construction

Zoning
C2

Commercial

Business type
Car Wash, Gas Station, Laundromat

Community

Subdivision
CL001
City
Cold Lake
Province
AB
Postal code
T9M 1R5

Where it is

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Approximate location, plotted from the listing’s own coordinates.

Business valuation calculator

SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

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The deal

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MLS® data last updated Nov 8, 2026, 12:50 a.m. (Mountain Time).

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