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$1,295,000

70 OSWALD DR, Spruce Grove, AB, T7X 1E6

MLS® # E4406811

Property Information:

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

Property Features:

  • Built in: 1978

Data was last updated 2024-11-26 at 01:30

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the REALTORS® Association of Edmonton. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data on this website is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Information deemed reliable but not guaranteed.

Location of 70 OSWALD DR, Spruce Grove, AB, T7X 1E6

Demographic Information of 70 OSWALD DR, Spruce Grove, AB, T7X 1E6

Life Stage

Young Families

Employment Type

Mixed

Average Household Income

$78,000.00

Average Number of Children

1.50

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.82 %

High school certificate or equivalent

42.11 %

Apprenticeship trade certificate/diploma

12.02 %

College/non-university certificate

15.79 %

University Degree

2.26 %

Commuter

Travel To Work

By Car

95.45 %

By Public Transit

0.0 %

By Walking

3.03 %

By Bicycle

0.0 %

By Other Methods

1.52 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

93.56 %

Houses

6.44 %

Own Vs. Rent