Mulhurst Bay — Alberta Commercial Real Estate
Mulhurst Bay Commercial Real Estate
Commercial real estate in Mulhurst Bay. Mulhurst Bay is a summer village on the east shore of Pigeon Lake. Located off Hwy 616, it offers la
$10–14Industrial/Retail Net Rent /sf
8.5–11.0%Cap Rate
0%Income Tax
Mulhurst BayLocal Market
Property Types
Explore by Property Type
Industrial
$10–14/sf net
Warehouse · Distribution · Flex
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Office
$8–14/sf gross
Downtown · Professional · Medical
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Retail
$10–14/sf net
Strip Mall · Pad Site · High Street
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Ground Lease
Long-term available
Industrial · Commercial · BTS
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Industrial
Cap rate 8.5–11.0%
Single-Tenant · Multi-Bay
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Retail
Cap rate 8.5–11.0%
Strip Mall · Pad Site
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Land
$50K–500K/ac
Industrial · Commercial
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Browse by Area
Mulhurst Bay Submarkets
Lakeshore Drive
Commercial Node
Lakefront resort commercial.
$10–14/sfNet Rent / Cap
Mulhurst BayKey Feature
CommercialPrimary Use
Village Centre
Commercial Node
Seasonal retail, services.
$10–14/sfNet Rent / Cap
Mulhurst BayKey Feature
CommercialPrimary Use
Access Road Commercial
Commercial Node
Convenience, storage.
$10–14/sfNet Rent / Cap
Mulhurst BayKey Feature
CommercialPrimary Use
$10–14
Industrial/Retail Net Rent /sf
8.5–11.0%
Cap Rate
0%
Income Tax
Mulhurst Bay
Local Market
Mulhurst Bay Commercial Real Estate — Market Overview 2025
Mulhurst Bay is a summer village on the east shore of Pigeon Lake. Located off Hwy 616, it offers lakefront resort properties and seasonal commercial opportunities serving cottagers from the Edmonton corridor.
| Submarket | Asset Class | Vacancy | Net Rent | Cap Rate |
|---|---|---|---|---|
| Lakeshore Drive | Commercial | 8–15% | $10–14/sf | 8.5–11.0% |
| Village Centre | Commercial | 8–15% | $10–14/sf | 8.5–11.0% |
| Access Road Commercial | Commercial | 8–15% | $10–14/sf | 8.5–11.0% |
Further Reading
→ Alberta Commercial Real Estate Cap Rates 2025
→ Alberta Has No Provincial Income Tax — What It Means for Investors
→ Why Investors Are Moving to Alberta
Mulhurst Bay Commercial Real Estate FAQ
Frequently Asked Questions — Mulhurst Bay
What are cap rates in Mulhurst Bay?
Mulhurst Bay 2025 cap rates: 8.5–11.0%. Contact Canada's Home Commercial for listings.
What drives Mulhurst Bay's economy?
Mulhurst Bay is a summer village on the east shore of Pigeon Lake. Located off Hwy 616, it offers lakefront resort properties and seasonal commercial opportunities serving cottagers from the Edmonton
How do I find commercial space in Mulhurst Bay?
Contact us through our online contact form.
Ready to Find Commercial Space in Mulhurst Bay?
Industrial, office, retail or investment — our team covers every Mulhurst Bay submarket.
Mulhurst Bay Neighbourhoods & Districts
Mulhurst Bay Resort
Mulhurst Main Street
North Mulhurst
Pigeon Lake Commercial
South Mulhurst
Wetaskiwin Corridor