Sylvan Lake is famous throughout Alberta for the 15km body of water that gives the town its name, makes it a premier tourist destination. Understandably, the recreational land for sale is among the most highly sought in the province.
10,500 sqft in a high traffic area with great visibility. The 70' x 150' building is metal clad with a slopped roof. The south 50' x 70' slab has in-floor heating, while the remainder of the building is heated with radiant heaters with a 600 amp power supply (To Be Verified By the Buyer). There is 1470 sqft of main floor office area with a large who room with large windows allowing tons of natural light. The developed second floor mezzanine offers 3 offices, draft room, built in theater room, games area and added storage areas. The shop has a flat floor with a 22' eave height and also boasts a clear span allowing the 3 tonne crane to travel the entire shop area, metal clad ran up 8' around the shop walls and a make up air system. 2 overhead bay doors access the shop 1 - 14' x 14' and 1 - 14' x 16'.More details
and KEVIN LAPP
of Royal Lepage Network Realty Corp.
A great opportunity for the savvy investor. Build a Brand New Townhouses 7-plex project in Sylvan Lake. Each unit offers 1,227 sqft with 3 bedrooms, 3 baths and front attached single garage. These townhouses are conveniently located close to downtown and shopping. Estimated time of construction is 6 months. Rare opportunity, Also available is options to build 3 plex 4 plex or 5 plex.More details
and Sheri Colford
of Royal LePage Lifestyles Realty
Create an opportunity! This 8.67 urban reserve prime development parcel is in the raw and is waiting for the right person with the right ideas. Close proximity to downtown Sylvan Lake, close to a golf course and waters edge. Can easily be subdivided with utilities in place. This blank canvas can be yours.More details
FOR SALE OR LEASE! This is a rare opportunity to own or lease PRIME LAKESHORE COMMERCIAL PROPERTY directly across from busy pier area of Sylvan Lake's beach. Formerly set up as a fast food franchise (KFC), this is a great space for a restaurant. The property has 132 feet of lakeside frontage overlooking busy Lakeshore Drive, and a fully paved and landscaped parking lot. The building 3100+ SqFt. Listing has three separate titles.More details
FULLY LEASED HIGH TRAFFIC COMMERCIAL BUILDING including the anchor of Joey's Only. THIS IS SURROUNDED BY BIG BOX STORES - WALMART, CANADIAN TIRE, BOSTON PIZZA, and TIM HORTON'S! Investor's and Commercial Buyer's, here is an opportunity to own a great, safe investment. This 2010 building has amazing tenants in place complementing highway commercial zoned for a wide variety of businesses. Good ROI and super location with over 13,000 vehicles passing by every single day with huge exposure with separate entrance & utilities. Excellent natural light and large commercial windows. Tenant improvements fully completed for each unit. Great signage on building and also on large pylon sign. Tons of parking with extra direct access in the rear.More details
Formerly known as Sylvan Lake Business Solutions / UPS, this bay is for sale or lease. Located in the high traffic area of Hewlett Park Landing on the East side of town close to all major amenities and commercial buildings. Anchor tenants include: Rona, Scotia Bank, No Frills, Squeeky Clean Car Wash and McDonald's. Ample paved parking available. Great Opportunity - Great Location. All measurements are believed to be true but should be verified by buyer.More details
Commercial lot available! Located on the East side in Sylvan Lake's high traffic shopping hub - Hewlett Park Landing. Close to all major amenities and commercial buildings, this lot is adjacent to Highway 20 and faces 47th Avenue. Great opportunity - great location. For sale or will build to suit.More details
Great location! In the downtown core of Sylvan Lake on 50th Avenue - across the street from a large public parking lot and a couple of blocks from the lake. Formerly known as the Town of Sylvan Lake Administration building. Ease of access with rear, front and handicap access. Zoned W-DC.More details
Medium Size Car Wash – Here is your rare chance to purchase a car wash. One of the few businesses that so many people want the opportunity to own. Even with the present economy, this is a luxury that most people will still splurge on. This is a perfect husband & wife business to earn $95K+/- in your first year of operation is very possible. Bring in your marketing ideas and increase your annual sales even further. This business is located in a thriving area of Alberta.More details
COMMERCIAL LOT AVAILABLE! Located right in one of Sylvan Lake's largest shopping hubs, this lot is well located in high traffic area adjacent to Highway 20 facing 47th Avenue. Ample paved parking available. For sale or will build to suit.More details
Listing information last updated on November 20, 2017
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Sylvan Lake’s close proximity to Red Deer City allows the town to enjoy the same logistical benefits of its larger neighbor, with an immediate trade area of over 270,000 people and easy access to the province’s main north-south arterial highway, Highway 2, opening up a market of two million people in a 150km radius, including Edmonton, Calgary, and their international airports.
The population of Sylan Lake increased by 22% from 2006 to 2013, and the town is one of the fastest growing conurbations in Canada, with the current population of just over 13,000 expected to hit 18,000 by 2017. Due to this unprecedented growth, Sylvan Lake offers fantastic opportunity for commercial real estate investment, with the town also keen to retain the friendly, small-town community feel that it’s young residents and visitors love.
This decade long development of Sylvan Lake can be seen also in the town’s commercial assessment value, which grew by 290% from around $73,500,000 to around $286,500,000 between 2002 and 2012, with the amount of commercial property and land, including recreational land for sale, rising significantly in this period and continuing to rise since.
Building permits have to be granted for new development in Sylvan Lake, and the expansion of the community is evident in the number of these issued in 2014, with the tally reaching 334, and a total value of around $68 million. In comparison, the value of all permits issued in 2013 was around the $52 million mark.
Helping Sylvan Lake to flourish alongside its neighbours in Central Alberta is the province’s tax environment, which remains one of the most competitive in North America. The only province that does not have a provincial retail sales tax, provincial capital or payroll taxes, Alberta is a hotspot for commercial real estate investment, and Sylvan Lake’s local environment make it a prime area for investing in recreational land for sale, especially with no local business tax enforced by the town.
Sylvan Lake has also been actively redeveloping its downtown and waterfront area, which has helped the town to attract an increasing number of tourists year on year. Aside from ensuring access to the lake was maintained and enhanced, the plan was designed to attract new investment and employment opportunities, and to accommodate a wide range of compatible land uses to support vibrant economic development where people can live, work, shop, and play together.
Such an initiative should only encourage private investors considering recreational land for sale in Sylvan Lake.
With outdoor lake activities including swimming, waterskiing, boating and fishing popular in the summer and winter sports from skating and skiing to tobogganing and skidooing available in the winter, the vibrant young population of Sylvan Lake is an active one, making the town an attractive place to consider when looking to invest in recreational land for sale.
With the steady expansion of the community being carefully managed to maintain the small town atmosphere that makes Sylvan Lake such an inviting place to live and visit, the time for commercial real estate investment in the recreation, tourism, and residential amenity sectors is now.