306 Calahoo Rd - Office FOR SALE


Spruce Grove, AB T7X 2H6
$575,000 CAD
780-962-4950
306 Calahoo Rd, Spruce Grove, AB for Sale
$575,000 CAD
Office - FOR SALE
1/7
null | Request Cap Rate

306 Calahoo Rd
Spruce Grove, AB T7X 2H6


HIGHLIGHTS

  • Plans completed for a proposed 12 unit multi-family bldg
  • High Traffic Location

OVERVIEW

Exceptional redevelopment opportunity in the heart of Spruce Grove's City Centre. Zoned R2CC - City Centre High Density Residential District, this 6900+/- Sq Ft lot supports higher density residential development within the City Centre Overlay area. The property is being sold for land value only. Offering excellent visibility along Calahoo Road with convenient access to HWY 16A, this site is surrounded by commercial services, professional offices, and established residential communities. An ideal location for future multi-unit residential development within walking distance to many amenities, transit, and shopping. Preliminary renderings and plans have been completed for a proposed 12 unit multi-family building, highlighting the properties development potential.

FOR SALE DETAILS

PRICE

$575,000 CAD

PRICE/SF

$477 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

R2CC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Victor MorozRoyal Lepage Noralta Real EstateMore Info
780-962-4950

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Victor MorozRoyal Lepage Noralta Real EstateMore Info
780-962-4950

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.