5 Alberta Av, Spruce Grove, Alberta T7X 3A6

Listed for:
$1,895,000
0 beds
0 baths
Listed 27 days ago
5 Alberta Av, Spruce Grove, Alberta T7X 3A6

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Listing provided by:
Royal Lepage Arteam Realty
MLS® number:
E4387365
Agent:
Shelly D. Reddy
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About

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:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Amenities nearby
Shopping

Location