Commercial Real Estate in Sylvan Lake available for sale
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Commercial Properties for Sale in Sylvan Lake

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Sylvan Lake Commercial Property for Sale

More details for Highway 20 Township Road 392, Sylvan Lake, AB - Land for Sale

Highway 20 Township Road 392

Sylvan Lake, AB T4S 1T2

  • Land for Sale
  • $5,000,000 CAD
  • 123.98 AC Lot

Sylvan Lake Land for Sale

* Welcome to this tranquil, quarter-section, situated in the heart of the Central Alberta Region on Highway 20 and cornering onto Township Road 391 in Red Deer County. To the west is the Summer Village of Jarvis Bay, to the north is TWP Road 391, to the east is the Lakewood Golf Resort and to the south is open farmland which stretches 0.8 kilometers to the town of Sylvan Lake. * This Property is located 25 minutes west of Red Deer, and 90 minutes from Calgary and Edmonton. * The best use of this property is to build a Potential of 950+ units through a mixture of fee simple lots (600 units) and condominium developments (360 units). * Currently there is a 340 Resident Structural Plan which includes 80 single family homes, 260 duplexes, one social care and 2 commercial lots. There is an updated structural plan which is about 8 months from completion tat accommodates up to 950 units. * The lots consist of about 40% lakeview lots, 15% park side lots, 15% Golf Course views lots and 3% that border pristine wetlands. The balance of lots are interior lots. * The Zoning is for Residential Low-density District “R-3” and Direct Control District No.25 “DCD-25” and deemed that the subdivision as proposed complies with The Municipal Government Act, The Municipal Development Plan, The Sylvan Lake/Red Deer County Intermunicipal Plan, The Sanbar Local Area Structure Plan and The Land Use Bylaw. * Please see the Local Area Structure Plans. The Planner, Stantec, says are about 8 months away from full approval. * The current property has an old farmhouse which is being leased as an Airbnb, a surface well with lease agreements and leased farmland. * Much of the due diligence has been completed and includes Traffic Studies, Environmental, Geo-technical reports, Bio-physical Impact, Soil Testing, Water and more. * The community supports this project. There have been talks with the local governing bodies regarding services. The water reservoir is located just above this property on the northwest corner of this quarter section. * The main features of this land include the proximity to the lake, golf course and town and the stunning views. * This is an ideal opportunity for a companies that would take over a project that is underway. (Real Estate Developers, Healthcare Real Estate Investors, Hospitality Developers, Specialized Land Brokers, Investment Groups & Private Investors, Agriculture Developer) * Sylvan Lake has had great growth and development since 1990s with the main growth industries being gas, petrochemical, manufacturing and value-added industries. Recreation and tourism remain important as Sylvan Lake is a major lake in the area and is a popular destination for tourists from around Alberta, with around 1 million visitors each year. It has a strong seniors retirement community. * The Appraisal Prepared by Cushman and Wakefield in October 2023 outlines in detail why Sylvan Lake and Central Alberta is an amazing development location in Canada. There is great community support, strong migration and industry growth (oil and gas, manufacturing, tourism and agriculture). * The 2023 appraisal supports a list price of $7.39m for the land and over $12m for an approved development plan in place. * The Projected historic returns on investment (ROI), net operating income (NOI), cap rate and estimated cost for development are discussed in the Appraisal Prepared by Cushman and Wakefield in October 2023. * The initial structural plan is being amended by Stantec to increase densities and eventually have the property annexed into the Town of Sylvan Lake the potential financial benefits are to be determined. There is great potential for the right investor. * The main benefit of this site is the location and the views. This is a very desirable Lake Community in one of the strongest economic Provinces in Canada. WE expect great growth in the retirement and recreation sector of this community.

Contact:

Century 21 Bamber Realty Ltd.

Property Subtype:

Commercial

Date on Market:

2025-02-02
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More details for 33 Schenk Ind. Rd, Sylvan Lake, AB - Industrial for Sale

33 Schenk Ind. Rd

Sylvan Lake, AB T4S 2J9

  • Industrial for Sale
  • $12,500,000 CAD
  • 76,624 SF
  • Air Conditioning

Sylvan Lake Industrial for Sale

This high quality industrial shop and office property in Sylvan Lake offers a two-storey executive quality office building with attractive front entrance and finishes. The drive-thru service shop with overhead cranes and sunshine doors offers a wash bay, numerous service bays, separate office area and parts area, hotsy, compressed air lines throughout, sumps and drains, and electric door operators. Located just 18 kilometers west of Red Deer and Highway 2, the property is well positioned for numerous potential uses.

Contact:

Salomons Commercial

Property Subtype:

Warehouse

Date on Market:

2024-03-11
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More details for 75 Hewlett Park Landng, Sylvan Lake, AB - Retail for Sale

Anchored by No Frills; Tenant occupied - 75 Hewlett Park Landng

Sylvan Lake, AB T4S 2J3

  • Retail for Sale
  • $825,000 CAD
  • 3,823 SF
  • Wheelchair Accessible

Sylvan Lake Retail for Sale

Prime investment opportunity with a long term tenant, located in the heart of Sylvan Lake. This freestanding building with storefront parking, is ideally situated in an established, grocery anchored commercial district with notable tenants including No Frills, McDonald's, and Scotiabank. Experience high visibility and remarkable traffic counts as a result of being conveniently located just East of Highway 20 and North of 47 Avenue.

Contact:

SPLM Properties

Property Subtype:

Convenience

Date on Market:

2023-03-16
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More details for 11-22 Grayhawk Blvd, Benalto, AB - Multifamily for Sale

GrayHawk Sylvan Lake West - 11-22 Grayhawk Blvd

Benalto, AB T0M 0H0

  • Multifamily for Sale
  • 28,280 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

Benalto Multifamily for Sale

Sylvan Lake is one of Alberta’s fastest-growing communities, offering investors the rare opportunity to be part of a thriving community built around a stunning 18 km spring-fed lake. This picturesque town balances small-town charm with big-city amenities making it a sought-after destination for families, professionals, and retirees alike. As a 4 season playground, Sylvan Lake attracts steady demand from both residents and visitors. Summer brings boating, beaches, and festivals while winter transforms the lake into a hub for skating, snowmobiling, and winter events. Its central location, just minutes from Red Deer and within easy reach of Calgary and Edmonton, enhances its long-term growth and rental potential. Projected net income is $406,222.

Contact:

CMS Real Estate Ltd.

Property Subtype:

Apartment

Date on Market:

2025-12-01
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More details for 110 Pelican Pl, Sylvan Lake, AB - Office for Sale

110 Pelican Pl

Sylvan Lake, AB T4S 1K2

  • Office for Sale
  • $2,700,000 CAD
  • 10,800 SF

Sylvan Lake Office for Sale

Exceptional opportunity to own an entire commercial building in Pierview Plaza, centrally located in Sylvan Lake. This well-designed property offers over 5,300 sq. ft. of premium office space on the upper floor, featuring a bright reception area with skylight, 11 private offices, 2 boardrooms, 3 washrooms (including accessible), an open workspace, file/copy room, secondary lounge, and staff room. The main floor is leased to a long-term fitness tenant, providing stable income for investors or owner-users. The upper floor was previously approved by the Town of Sylvan Lake for daycare use, adding flexibility for future applications. A rare chance to acquire a high-quality, income-producing property in one of Sylvan Lake’s most desirable professional locations.

Contact:

Century 21 Maximum

Date on Market:

2025-11-25
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LoopNet Canada Alberta Commercial Properties For Sale in Sylvan Lake, AB, Canada

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Commercial Properties for Sale in Sylvan Lake

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How many commercial properties are available for sale in Sylvan Lake?
There are currently 9 commercial properties available for sale in Sylvan Lake, offering a unique opportunity for businesses to establish a presence.
How big are the commercial properties available for sale in Sylvan Lake?
The average size of commercial properties available for sale in Sylvan Lake is about 29,882 SF. The largest commercial properties available to buy is 76,624 SF and the smallest is 3,823 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for commercial properties in Sylvan Lake?
The average market cap rate for commercial properties for sale is about 6.50% based on data provided in Sylvan Lake. Learn more about how cap rates are calculated.
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