Courtesy Of Rohin Geis and Victor Moroz Of Royal LePage Noralta Real Estate

70 Oswald Drive, Spruce Grove, AB

$1,295,000

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About 70 Oswald Drive

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

Features of 70 Oswald Drive

MLS® # E4406811
Price $1,295,000
Bathrooms 0.00
Acres 0.00
Year Built 1978
Type Industrial
Status Active

Community Information

Address 70 Oswald Drive
Area Spruce Grove
Subdivision Diamond Industrial Park
City Spruce Grove
County ALBERTA
Province AB
Postal Code T7X 1E6

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Exterior Wood Frame
Construction Wood Frame

Additional Information

Date Listed September 16th, 2024
Days on Market 98
Zoning Zone 91
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Rohin Geis and Victor Moroz Of Royal LePage Noralta Real Estate

Listing Map