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

$1,295,000

MLS® # 43688640

Commercial For Sale In Spruce Grove, Alberta

$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

Courtesy of: Royal LePage Noralta Real Estate

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