This property is listed by Rohin Geis, Victor Moroz of Royal Lepage Noralta Real Estate.
Data was last updated 2024-11-26 at 15:43:59 GMT
Investment Opportunity! This 6 - Unit, +/- 11,000Sf retail/industrial building has been recently completely renovated and brought up to code with new electrical panels, firewalls (throughout), aluminum capping on all windows and doors, 2 HVAC units, eavestroughs, interior and exterior doors, tin roof, 6000 BTU boiler & much more. With exposure to 11,000+ vehicles per day along a Golden Spike Rd and enough excess land to build an addition to the building, as well as a Cap Rate in the mid to low 9's this makes for a great property to add to an investment portfolio. This property is located in the heart of the Spruce Grove industrial area. Zoned M1 - General Industrial
Listing Information
- Prop. Type:
- Industrial
- Status:
- Active
- City:
- Spruce Grove
- MLS® Number:
- E4406811
- Neighbourhood:
- Diamond Industrial Park
- Area:
- Spruce Grove
- Province:
- AB
- Listing Price:
- $1,295,000
General Information
- Year Built:
- 1978
- Zoning/Land Use Code:
- For Sale
- Region:
- Spruce Grove
Additional Information
- Plan:
- 4392TR
- Legal Block:
- 3
- Legal Lot/Unit:
- 1D
Other Information
- Land Size Hectares:
- 0
- Building Type:
- Freestanding, Mixed Use, Multi Tenant/Multi Plex
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.