Strategically positioned on Main Street Cold Lake in a bustling commercial area, this property offers excellent exposure to Highway 28 and is just a few meters from the busiest intersection in Cold Lake. Comprising two lots, each measuring 50 x 144, the property is zoned Residential Mixed Use, opening the door to a wide array of commercial projects or the potential for multi-tenant commercial/residential buildings. Situated between a commercial multi-tenant building and a restaurant/lounge, and across from the newest car wash and liquor store in Cold Lake, the location is prime for business. Back alley access adds convenience, and the property enjoys significant foot traffic. Whether you're starting a new venture or expanding an existing one, this is a great spot with immense potential for success.