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5426 55 Street
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Cold Lake · Business · under $3,575,000. Alerts only send when there are new or meaningfully updated matching homes.
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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 (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
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Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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Commute
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Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
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Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Mar 19, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.