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:47423)
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Detailed Information
Total Area
9,280 ft2
Amenities Nearby
Shopping
Features
Corner Site, Flat site, Lane, Level
Listing Contract Date
2024-05-14
Municipal ID
008470
Property Type
Industrial
Transaction Type
For sale
Business
Business Type
Retail and Wholesale
Business Subtype
General sales/services
Building
Constructed Date
1980
Land
Amenities
Shopping
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