$1,295,000
( $12950.00Per Sq Foot )
$6,952 est/mo Sourced by Back At You70 Oswald Dr , Spruce Grove, AB T7X1E6
Spruce Grove, AB T7X1E6
Description
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 (id:13843)
Details
| MLS# | E4406811 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1978 |
| Days On Site | 122 |
| Listing Provided By | Royal LePage Noralta Real Estate | Rohin Geis |
Features
| SQ Feet | 100 |
|---|
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Learn More About This Property
| State | AB |
|---|---|
| City | Spruce Grove |
| Zip Code | T7X1E6 |
| Listing VS Median (in T7X1E6) | |
Price: $1,295,000 low | high Med: $647,500 SqFt: 100 low | high Med: 675 $ / SqFt: $12,950 low | high Med: $6,475 On Site: 122 low | high Med: 121.500000 | |
Listing Updated: December 24, 2024 at 6:57:37 PM PST