357 Saskatchewan Ave - Manufacturing FOR SALE


Spruce Grove, AB T7X 0G6
$3,900,000 CAD
587-853-5979
357 Saskatchewan Ave, Spruce Grove, AB for Sale
$3,900,000 CAD
Manufacturing - FOR SALE
1/12
null | Request Cap Rate

Apr '26


357 Saskatchewan Ave
Spruce Grove, AB T7X 0G6


HIGHLIGHTS

  • 12,375 sq ft of stand-alone industrial fabrication shop and office on 1.39 acres ± in Spruce Grove, AB
  • Shop area is 9,085 sq ft ± with 23’ 6” clear ceilings, 81’ x 50’ craneways, and two overhead grade loading doors
  • Four overhead 5-ton cranes, 27,000 CFM air make up unit and metal clad interior walls, and heavy power (400A/600V - TBC)
  • Well-appointed, executive improvements with nine offices, lunchroom, reception and boardroom.

OVERVIEW

MUNICIPAL ADDRESS 357 Saskatchewan Avenue, Spruce Grove, AB LEGAL DESCRIPTION Plan: 0728886; Block: 3; Lot: 5 LOCATION Spruce Grove Industrial Park BUILDING SIZE 1,645 sq ft ± main floor office | 9,085 sq ft ± main floor shop | 1,645 sq ft ± 2nd floor office | 12,375 sq ft ± Total SITE SIZE 1.39 acres ± (185’ ± x 328’ ±) SITE IMPROVEMENTS Graded, graveled, packed, fenced and gated SITE COVERAGE RATIO 18% ± OFFICE TO SHOP 27% Office : 73% Shop YEAR BUILT 2011 CONSTRUCTION TYPE Pre-engineered steel frame POWER 400A / 600V (TBC) ZONING M1 (General Industrial District) INTERNET Air conditioned server room, Telus currently services the property BONUS ITEMS (1) Air makeup engineered air 27,000 CFM (2) Metal cladding interior (3) Office furniture (TBC) SALE PRICE $3,900,000.00 ($315/sq ft) PROPERTY TAXES $48,355.92 (YE 2025) LEASE RATE $17.50/sq ft (net) OP COSTS $5.64/sq ft (TBC) POSSESSION April 2026 Office Details: CEILING HEIGHT 8’10” ± clear HEATING & COOLING Rooftop HVAC LIGHTING Fluorescent LAYOUT Nine offices with two washrooms, kitchenette, reception and boardroom Shop Details: CLEAR CEILING HEIGHT 23’ 6” ± under truss HEATING Radiant tube LIGHTING T5 CRANES (4) 5-ton top running single girder cranes by Teko Cranes (18’6” clear under bridge) LOADING (1) 12’ x 16’ grade loading (1) 22’ x 16’ grade loading SUMPS (2) 2 stage sumps

FOR SALE DETAILS

PRICE

$3,900,000 CAD

PRICE/SF

$315 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

UTILITIES

-

CLEAR CEILING HT

23.5 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.39

LAND SF

60,548

ZONING

M1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Thomas BraunRoyal Park RealtyMore Info
587-853-5979

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Thomas BraunRoyal Park RealtyMore Info
587-853-5979

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