Property Details

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Featured in:

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102, 251 Spruce Street
Rural Red Deer County (A2187086)

$1,350,000
7,862 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Perfect property for Investors or end users. This property is ideally and conveniently located in Piper Creek Business Park just south of the Westerner Grounds. Seller will vacate the space in 6 months for an interested end user, or sign up to a 5 year lease with the new owner at a cap rate over 7%. This super clean/open space has at total of 7862 sq. ft with 6499 sq. ft. on the main floor including 2 bathrooms, three overhead 12 ft bay doors and one 8ft overhead bay door (three in the rear and one on the front for pass through access from back to front). There is a nicely developed 1363 sq. ft. mezzanine including a coffee area with sink/fridge/dishwasher, 3 piece bathroom with shower, an open meeting room/reception area and two offices. The front and rear of the building have paved parking. There is a 60ft x 80ft enclosed (chain-link) storage compound in the rear with sliding chain link gate. A great property built in 2015 in very nice condition. Don't delay!

Property details

Basic Info

MLS® #
A2187086
Property Type:
Commercial
Subtype:
Mixed Use
Subdivision:
Piper Creek Business Park
Price
$1,350,000
Sale/Lease:
For Sale
Size:
7,862 sq.ft.
Year Built:
2015 (10 years old)

Building Info

Structure Type:
Mixed Use
Garage:
No
Fence:
Basement:
No
Inclusions:
NONE

Condo/Association Info

Condo Type:
Conventional Condo
Condo Fee:
$1,134

Acreage/Farm Info

Nearest Town:
Red Deer

Lot / Land Info

Legal Land Desc:
33-37-27-W4
Zoning:
BSI

Materials & Systems

Roof:
Membrane
Foundation:
Poured Concrete
Heating:
Overhead Heater(s), Forced Air, Natural Gas, Radiant
Cooling:
None

Listing Info

Possession:
Immediate,Other/See Remarks
Days on Market:
159
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Your Agent

Grassroots Realty Group Ltd.
1-833-477-6687

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