5 ALBERTA AV, Spruce Grove

2024-05-15
 

Quick Summary

Location
5 ALBERTA AV, Spruce Grove, Alberta T7X3A6
Price
$1,895,000 CAD
Status:
For Sale
Property Type:
Industrial
Area:
9280ft2
Year of Construction:
1980

MLS®#E4387365

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:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Shopping

Building

  • Fireplace: No
  • Interior Size: 9280 sqft

Features

  • Feature: Corner Site, Flat site, Lane, Level

Information entered by Royal Lepage Arteam Realty
Listing information last updated on: 2024-05-15 02:46:10


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