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Courtesy of Shelly D Reddy and Teresa M Mardon of Royal Lepage Arteam Realty
5 ALBERTA Avenue
Diamond Industrial Park
Spruce Grove
T7X 3A6
$1,895,000
Industrial
- Status:
- Active
- Prop. Type:
- Industrial
- MLS® Num:
- E4387365
- Bus Major:
- General Retail
- Bus Minor:
- GR - General Sales/Services
- Build. Type:
- Multi Tenant/Multi Plex
- Photos (18)
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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%.
- Sale Type:
- Asset
- Transaction Type:
- For Sale
- Property Type:
- Industrial
- Major Bus Type:
- General Retail
- Minor Bus Type:
- GR - General Sales/Services
- Construction:
- Wood Frame
- Building Type:
- Multi Tenant/Multi Plex
- # Bldgs:
- 1
- # Units:
- 0
- Year built:
- 1980 (Age: 44)
- Total Floor Area:
- 9,280 sq. ft.862 m2
- Retail Size:
- 1,876 sq. ft.174 m2
- Lot Area:
- 0 sq. ft.0 m2
- Plan:
- 0525307
- Title to Land:
- Freehold
- LINC Number:
- 0031310618
- Corner Site, Flat Site, Level Land, Landscaped, Shopping Nearby, Back Lane
- Utility Right of Way
- # Loading Doors:
- 5
- Ceiling Height:
- 12'3.66 m
- Services Connected:
- Electricity, Fully Serviced, Garbage Collection, Street Lighting, Sidewalk, City Water
- Water Supply:
- Municipal
- Num. of Parcels:
- 1
- Days On Website:
- 208 day(s)208 day(s)
Larger map options:
Data was last updated December 8, 2024 at 04:30 PM (UTC)
- JAMIE HUBICK
- ROYAL LEPAGE ARTEAM REALTY
- 1 (780) 945-9233
- Contact by Email
- JASON HUBICK
- ROYAL LEPAGE ARTEAM REALTY
- 780-893-3433
- Contact by Email
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