Property Details

  • LEGAL ADDRESS 0424787;1;3
  • SUBDIVISION East Industrial
  • YEAR BUILT 2000
  • BUILDING SIZE ±3,850 SF
  • SITE SIZE ±0.87 Acre
  • ZONING Highway Commercial
  • TAXES $21,197.60 (2025)
  • PRICE $1,500,000

Opportunity Overview

This high-visibility standalone restaurant property is located at the bustling intersection of Lakeshore Drive and Highway 20 in Sylvan Lake, Alberta. Currently home to Roundabout Eatery, this ±3,850 SF building sits on a generous 0.87-acre lot with ample parking, a south-facing patio, and an electrified pylon sign. With traffic counts exceeding 20,000 vehicles per day, this site offers unmatched exposure in a thriving lakeside community. Investors will appreciate the secure NNN lease in place through mid-2029, while restaurateurs will find a turnkey setup ideal for immediate operation. Zoned Highway Commercial, the property supports a wide range of permitted uses. Sylvan Lake welcomes over 1 million annual visitors and is poised for continued growth, making this a strategic opportunity for both income generation and business expansion.

Location Highlights

» Sylvan Lake’s prime location along Highway 11 is just 18 km west of Red Deer, a regional economic hub

» Centrally positioned between Calgary and Edmonton, the town enjoys seamless access to two international airports, both just a 90-minute drive away, providing global connectivity for businesses and visitors

» With Red Deer Regional Airport nearby, Sylvan Lake’s central position within the Calgary-Edmonton Corridor makes it an ideal hub for commerce, tourism, and regional trade
» Sylvan Lake is positioned just off the CANAMEX Corridor, offering businesses a strategic advantage in attracting investment, expanding trade, and enhancing regional connectivity

» As a key component of a North American trade route stretching from Canada through the US to Mexico, the corridor facilitates efficient transport of goods, services, and people

Downloads

Brochure - 3 Highway 11A, Sylvan Lake

Location Map