$1,895,000
5 ALBERTA AV Spruce Grove, AB T7X3A6
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Nick Penney
info@nickpenney.com
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Nick Penney
info@nickpenney.com$1,895,000
Est. payment /mo
9,280 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,280 sqft
Price per Sqft $204
Subdivision Diamond Industrial Park
MLS® Listing ID E4387365
Originating Board REALTORS® Association of Edmonton
Year Built 1980
Property Description
This 9,280 +/- sq.ft. 5 bay Condominium Building is fully rented. Built in 1980 this 116' x 80' building features each bay is approximately 1876 sq ft on the main level each with a Mezanne level of approximately 750 sq ft. This well established building is located in Spruce Grove Industrial Park and is set on a corner lot of 1.00 +/- acres. Each Bay has a large 12' overhead door, separate man doors with full power to operate the businesses. Ample Parking. All leases in place have the tenants covering the utilities. This property is easily accessible via Highway 16/16A, Highway 627,and Golden Spike Road allowing a quick commute to Acheson, Edmonton,Nisku and Leduc. Zoned M1 General Industrial. NOI 115,386; Cap Rate of 6.1%. (id:24570)
Location
Province AB
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
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Listed by Royal Lepage Arteam Realty
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Nick Penney