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70 OSWALD Drive, Spruce Grove, Alberta, T7X 1E6

MLS® # 43688640
new listing
Commercial For Sale In Spruce Grove, Alberta
$1,295,000

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70 OSWALD Drive, Spruce Grove, Alberta, T7X 1E6
$1,295,000

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 9s 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 IndustrialOther Property Types: IndustrialOwnership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Rohin GeisAppointment Phone: 587-597-1553Paragon Listing ID: E4458775 (id:27)

Building Features:

  • Floor Space: 11000 sqft

Property Features:

  • Property Type: Industrial
  • Built in: 1978
  • Floor Space (approx): 11000 Square Feet
  • Irregular: Yes
  • Lot Size: 43560.00 Square Feet

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Market Price Trends

All Properties

11.52%

Price change (1 year)

40.08%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 70 OSWALD Drive, Spruce Grove, Alberta, T7X 1E6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

28 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate-Low

28 hot days expected in 2050

35/100

Moderate-Low

ClimateCheck®

Current data

This property, 70 OSWALD Drive , experiences 7 hot days per year at around 28.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 32 degrees Celsius.

Projected Avg. Temperature

Past
28.4℃
2050
32℃

# Hot Days Per Year

Past
7
2050
28

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

26/100

Moderate-Low

ClimateCheck®

Current data

This property, 70 OSWALD Drive , experiences 10 significant 2-day storms per year, with about 200.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 217.6mm of precipitation per year.

Precipitation Per Storm

Past
200.2mm
2050
217.6mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 70 OSWALD Drive, Spruce Grove, Alberta, 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

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