5 ALBERTA AV Active

Spruce Grove,AB T7X3A6

$ 1895000

- Bed

- Bath

9280 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 9,280 sqft

Price per Sqft $204

Subdivision Diamond Industrial Park

MLS Listing ID E4387365

Originating Board REALTORS® Association of Edmonton

Year Built 1980

Property Description

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:24570)

Location

Province AB

Exterior

Parking Features No

View Y/N No

Private Pool No

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