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.
Downtown Core Office Space For Sale/Lease. Located on a very busy corner with excellent exposure. This is a 2700/sqft Space which has Full Reception Counter and Client Waiting Area. Also Features plenty of space set up currently with 8 Offices, 1 File Room, 1 Computer/Supply Room, 1 Board Room with Cabinetry, 1 Staff/Kitchen Room, Admin Work Station, Interview Room, and 3 Washrooms. The space is equipped with Full Cat 5 wired to the work stations and comes with the phone system and 16 Phones. Off Street Parking Located in the front of the building and along the side. NNN Fees are $4.00 per sqft.More details
PRIME LOCATION - HIGH TRAFFIC AREA. Ideal for Retail Business or Office Space.
Option to lease either Bay # 1 @ 1015 sq.ft., Bay 2 @ 700 sq.ft. - or both Bays 1 & 2 at 1715 sq.ft.
Option to also rent additional signage spot. Ample parking.
Base Rent $ 11.00/sqft. plus GST - NNN (Additional Rent) $ 4.75/sq.ft.
Some office furniture may be purchased.More details
10,000 sqft of industrial space with a fenced yard on 1.73 acres with highway 11A frontage. 16 ft overhead doors give access to 4 bays (including washbay). An additional 3,700 sqft of mezzanine office space is included as an added bonus. All measurements are believed true and are to be verified by buyers.More details
Listing information last updated on September 20, 2017
The data relating to real estate on this website comes in part from the MLS@reg; Reciprocity program of the . Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the .
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.