70 Oswald Dr - Storefront Retail/Office FOR SALE


Spruce Grove, AB T7X 3A6
$1,295,000 CAD
780-962-4950
70 Oswald Dr, Spruce Grove, AB for Sale
$1,295,000 CAD
Storefront Retail/Office - FOR SALE
1/14
null | Request Cap Rate

70 Oswald Dr
Spruce Grove, AB T7X 3A6


OVERVIEW

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

FOR SALE DETAILS

PRICE

$1,295,000 CAD

PRICE/SF

$124 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

M1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Rohin GeisRoyal Lepage Noralta Real EstateMore Info
780-962-4950

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Rohin GeisRoyal Lepage Noralta Real EstateMore Info
780-962-4950

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