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Gurinder Grewal
Maxwell Polaris
202, 9618 42 Ave, Edmonton, Alberta
P: 780-450-6300
F: 780-450-6670
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Listing Details

For more information on this listing or other please contact me.

Courtesy of Royal Lepage Arteam Realty.
Data was last updated 2025-06-25 at 20:18:11 GMT
$1,895,000

5 ALBERTA Avenue   Spruce Grove, Alberta

MLS®: E4387365
URL:    
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%.
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%.

Listing Information

Prop. Type:
Other
Status:
Active
City:
Spruce Grove
MLS® Number:
E4387365
Neighbourhood:
Diamond Industrial Park
Area:
Spruce Grove
Province:
Alberta
Listing Price:
$1,895,000

General Information

Year Built:
1980

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This property is listed by Royal Lepage Arteam Realty and provided here courtesy of Gurinder Grewal. For more information or to schedule a viewing please contact Gurinder Grewal.
Gurinder Grewal
Maxwell Polaris
Phone: 780-450-6300
Mobile Phone: 780-709-7484
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Data last Updated: 2025-06-25 at 20:18:11 GMT America/Edmonton
This site's content is the responsibility of Gurinder Grewal, licensed REALTOR® in the Province of Alberta.
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The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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