70 Oswald Drive Spruce Grove, Alberta T7X 1E6

11,000 ft2
Acreage

$1,295,000

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 9s 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 IndustrialOther Property Types: IndustrialOwnership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Rohin GeisAppointment Phone: 587-597-1553Paragon Listing ID: E4458775 (id:63566)

Property Details

MLS® Number 43688640
Property Type Industrial
Neigbourhood Diamond Industrial

Building

Constructed Date 1978
Size Interior 11,000 Ft2

Land

Acreage Yes
Size Irregular 43560
Size Total 43560 Sqft|unknown
Size Total Text 43560 Sqft|unknown

https://www.realtor.ca/real-estate/29199729/70-oswald-drive-spruce-grove

Contact Us

Contact us for more information

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Rohin Geis
Associate

(587) 597-1553
twitter.com/RohinGeis
www.facebook.com/rohin.geis.7
www.linkedin.com/in/rohingeis/

Royal LePage Noralta Real Estate
202 Main Street
Spruce Grove, Alberta T7X 0G2

(780) 962-4950
(780) 431-5624

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