Excellent exposure with strong visibility and consistent traffic flow in the Cold Lake market. Currently designated Urban Reserve, this parcel offers exceptional future development potential. Subject to municipal approvals and rezoning, the property is ideally suited for commercial development along the Highway 55 West and Highway 28 frontage, providing outstanding highway exposure. The balance of the land offers potential for a residential subdivision behind, creating a mixed-use development similar to the nearby Tri-City Estates, with commercial retail along the highway and residential neighbourhoods beyond. A rare investment opportunity in one of Cold Lakes growing development corridors with excellent long-term potential.More details
Courtesy of Shelley A Brooks of RE/MAX Prairie Realty
Cold Lake, Alberta – Your Next High-Impact Development Opportunity. Position your business for success in one of Alberta’s most dynamic small cities. This 1.88-acre C2 arterial commercial lot is strategically located at the intersection of Highway 28 & Highway 55 — dual highway frontage with exceptional visibility. This is more than just a lot; it’s a front-row seat to the region’s growth.Approximately 3 hours from Edmonton, Alberta’s capital, and 2 hours from Lloydminster, AB/SK, this location is a natural commercial stop and regional draw. It benefits from an expanding population and workforce fueled by a strong oil & gas sector, Canadian Forces Base Cold Lake, and regional service industries.The site is directly adjacent to a travel centre anchored by Esso, Tim Hortons, Burger King, NAP Liquor, and Pizza 73. Cold Lake also enjoys year-round tourism, attracting anglers, boaters, and vacationers in summer, as well as snowmobilers, hockey tournaments, and winter sports enthusiasts during the colder monthsMore details
Courtesy of Teneah M Farris of RE/MAX Prairie Realty
Prime development opportunity in a highly visible location directly across from the Cold Lake Marina. This versatile vacant lot offers the perfect setting to build your dream home, establish a business, or create a mixed-use property. Enjoy easy access to the waterfront while being just minutes from restaurants, shopping, and local amenities. A rare chance to secure a premium lot in one of Cold Lakes most desirable areas.More details
Courtesy of Bernard G Lefebvre of Coldwell Banker Lifestyle
Overlooking Cold Lakes Marina, the brand new Boardwalk Promenade on Lakeshore Drive, and stunning views of one of Alberta’s most beautiful and clean lakes, stands the Waterfront Harbour Bed & Breakfast. Beautifully landscaped and complete with a plum tree, two apple trees, and a crabapple tree. In 2018 the Waterfront Harbour was named one of Trivago’s top 10 Bed and Breakfasts in Canada. With over 4,600 square feet, the Waterfront Harbour has a total of 9 bedrooms, 8 bathrooms, two kitchens, two dining rooms, multiple living area spaces, and three outdoor patios/decks. Pride of ownership shines through with beautiful custom cabinetry, impeccable upkeep, and polished hardwood and ceramic flooring.The Waterfront Harbour Bed & Breakfast features 5 guest suites with private bathrooms as well as a large 2 bedroom / 2 bathroom suite with full kitchen, presently used as the owner’s suite: -Main floor guest suite with private bathroom and direct access to the front deck -2 Bedroom / 2 Bathroom Suite with full kitMore details
Courtesy of Spencer Ferguson of Coldwell Banker Lifestyle
Position your business in one of Cold Lake’s most sought-after and revitalized locations—Lakeshore Drive. This prime commercial property sits directly across from the marina, placing you in the heart of a vibrant, high-traffic area that continues to attract both locals and visitors year-round. Surrounded by charming bed & breakfasts, popular restaurants, and well-loved local spots, this location offers incredible exposure and a built-in customer base. The recent revitalization of the area has transformed Lakeshore Drive into a stunning destination, making it an ideal setting for a wide range of business opportunities.Zoned for commercial use, the property allows for a variety of permitted uses, with even more potential available through discretionary use applications with the City of Cold Lake. Whether you’re looking to establish a boutique retail space, café, professional services, or something more unique, the flexibility here is unmatched.With its unbeatable location, scenic surroundings, and endless pMore details
Courtesy of Teneah M Farris of RE/MAX Prairie Realty
Exceptions highway frontage 4 plus acres of land as you enter Cold Lake North prior to the set of traffic lights! Great exposure zone C2 (Arterial Commercial) and ready for development to your business idea or strip mall. Paved service road to the property with all services on adjacent parcel and assessable.Other Property Types: Commercial LandOwnership Interest: PrivateSite Services: Electricity at Lot Line,Sanitary Sewer Lot Line,City Water at Lot LineTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoParagon Listing ID: E4338216More details
Courtesy of Bernard G Lefebvre of Coldwell Banker Lifestyle
7.2 ACRES of Commercial Land property in Cold Lake right behind RONA store. Zoned C2, this property allows for a wide variety of commercial and service-oriented operations, including retail & services, hospitality, automotive, professional business offices and medical clinics, along with many other discretionary uses.SERVICES ARE AT PROPERTY LINE.More details
Courtesy of Maha H Chehayeb of RE/MAX Prairie Realty
Excellent Development Opportunity! 217 Acres of land in the City of Cold Lake - Deer Meadows Area Structure Plan will provide the template to start this development on the land with rolling hills and will create a vision for the builders and home buyers as a comfortable walk-able residential community with access to the City amenities. The site is situated in the southeastern portion Cold Lake South, less than 1 km from the core commercial district. The lands with this sale in its prime location that will have direct access to 50 Avenue in Cold Lake. The property included in this sell is: NE 35-62-2w4 (154.45 Acres) Linc#0038313870 and NW 36-62-2w4 (64.58 acres) Linc#0016498008Other Property Types: Commercial LandOwnership Interest: PrivateSite Services: Electricity at Lot Line,Natural Gas at Lot Line,High Spd Int Svc Lot Line,Telephone Svc Lot Line,City Water at Lot LineSite Influences: Backs Onto Park/Trees,HillsideTitle to Land: Fee SimpleRPR Survey Available: YesSeller Rights: NoAppointment Name: BernMore details
Courtesy of Bernard G Lefebvre of Coldwell Banker Lifestyle
Great opportunity to own and develop 24 Acres of highway frontage land with great visibility from the highway 28 traffic between Cold Lake North and South and adjacent to the new vehicle dealership. Property has services accessible.Other Property Types: Commercial LandOwnership Interest: PrivateSite Services: Electricity at Lot Line, Natural Gas at Lot Line, Sanitary Sewer, and City Water available. Site Influences: Cleared,Flat SiteTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Bernard or RyanAppointment Phone: 780-815-0452Paragon Listing ID: E4329217More details
Courtesy of Bernard G Lefebvre of Coldwell Banker Lifestyle
Development lands available in the Red Fox area. 470 acres with direct exposure to highway 28 within the city limits of Cold Lake. Current zoning is Urban Reserve - potential to rezone to C2 - Arterial Commercial for the first 50 acre site parallel and adjacent to the highway. Property access is off 34 Ave parallel to the entrance of RONA as well as a FORD dealership, Ramada Hotel, Fountain Tire, McDonalds, Kia Dealership, Boston Pizza & Walmart. Services are at the property line. Amazing opportunity for development land!More details
Courtesy of Aron T Scraba of Latitude Real Estate Group
Business and Property Included! Cold Lakes only full-line love boutique which has been serving the Lakelands adult community since 2001 located in La Plaza Mall. 1,420 SqFt unit with a vast amount of upgrades which include: Rooftop furnace and A/C unit 2018, Hot water tank 2016, Exterior roll down metal shutters 2022, New ballasts in 75% of lights 2018, New carpet 2017.. All upgrades have been professionally provided and installed. This unit is completed with a 2 pc bathroom. Included in the sale are all fixtures, inventory and equipment. This is a thriving turnkey business ready for new owners!More details
Courtesy of Teneah M Farris of RE/MAX Prairie Realty
Fantastic Investment Opportunity to Own this turn-key Plaza Buiding and Land in the heart of the City of Cold Lake! This Plaza consists of 3 separate Commercial Lease spaces including a newly completely built-out Pub/Restaurant space, a newly and fully built-out operating Liquor Store, and a freshly completed and built-out Restaurant space with legal Drive-Thru. No expenses were spared in gutting and completely rebuilding all 3 Lease spaces, as well as Completely Remodeling the entire Plazas exterior.The 3550 sf Pub plus 1300 sf of mezzanine space (that is complete with office space, washroom, staff room, managers office, etc) comes with high end finishings, equipment and most everything you need to start running your new Pub/Restaurant business or Franchise. There is even a 700 sf Patio attached. The 2400 sf Liquor Store comes complete with high end finishing including stone and travertine, shelving, a custom built walk-in cooler, loading dock, etc and is operating 7 days a week. It comes with 1,000 sf oMore details
Courtesy of Megan Juszczyk of Royal Lepage Northern Lights Realty
Data was last updated September 26, 2026 at 09:30 PM (UTC)
Data last updated on September 26, 2026 at 09:30 PM (UTC).
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