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.
Location, Location, Location!! 1,297 sqft of space (can be combined with unit 25 & 26 for a total of 2,249 sqft) located in the high traffic area of Hewlett Park Landing. Put your business among the Anchor businesses of Rona, Scotia Bank, No Frills, & McDonald's. Plenty of parking for all.More details
and Sheri Colford
of Royal Lepage Network Realty Corp.
Immediate Possession! This 2,000 sqft end bay for sale is located in a multi-tenant Industrial Condominium. Ideal location in the heart of Sylvan Lake's Industrial/ Commercial area with high volumes of traffic and great exposure to highway 20. Zoned I1, this shop area also has a shower room, washroom and North rear exposure.More details
For sale - end bay currently leased for $1,750 a month plue triple net. There is shop space, and an upstairs office area with a shower in the bathroom. Excellent business opportunity! Do not miss out on this prime industrial space right on Highway 11A in Sylvan Lake!More details
Excellent business opportunity! Do not miss out on this prime industrial space for sale or lease right on Highway 11A in Sylvan Lake! 1,200 square feet with front reception and office space, a washroom and an upstairs mezzanine area.More details
Attention Investors, Developers & Contractors ! Future development site this .38 Acre site in the center of Sylvan Lake is only blocks from the beach & adjacent to Sylvan Lakes most desirable Watermark Condominium Development.More details
Location, Location, Location!! 545 sqft of space (must be sold with unit 26 for a total of 952 sqft or can be combined with unit 26 & 28 for a total of 2,249 sqft) located in the high traffic area of Hewlett Park Landing. Put your business among the Anchor businesses of Rona, Scotia Bank, No Frills, & McDonald's. Plenty of parking for all.More details
Location, Location, Location!! 407 sqft of space (must be sold with unit 25 for a total of 952 sqft or can be combined with unit 25 & 28 for a total of 2,249 sqft) located in the high traffic area of Hewlett Park Landing. Put your business among the Anchor businesses of Rona, Scotia Bank, No Frills, & McDonald's. Plenty of parking for all.More details
Offered for sale, existing Hot Yoga studio available at a fraction of the construction costs to replace. Business is currently operating on a part time capacity as the owner has other business interests. This opportunity is perfect for an owner operator or a multi-location owner looking to expand to the Central Alberta market. An owner operator or full time manager will take advantage of the potential this business shows in a growing $27 Billion dollar industry. No expense was spared on construction of this Hot Yoga Studio. Blyss has been operating since 2013. Business will qualify for the Canada Small Business Loan Program which allows for a lower down payment on this purchase.More details
and Evan Taylor
of Royal Lepage Network Realty Corp.
EXCELLENT RETAIL SPACE FOR THE TRENDY DOWNTOWN AREA OF SYLVAN LAKE. This is a great opportunity to be located in the busy downtown core just a half block from the famous Lakeshore Drive zone, that attracts hundreds of thousands of tourist every year! The retail space is roughly 22.5' x70' of developed retail space that is currently being used by the Spotted Gecko, and will be transformed into a separate bay #2, for the right business lease, Plus there is about 400 sq.ft. of undeveloped area for storage. Take advantage of this terrific location for your future business success. Lease is for 3 years or longer, with the $2500 monthly rent not including utilities, plus GST.More details
Listing information last updated on September 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.