105, 251 Spruce Street, Rural Red Deer County, Alberta T4E 1B4

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$564,900

Highlights

$564,900

Price

3332 sqft

Lot

For sale

Status

A2265646

MLS® ID

Currently leased until March 14, 2028 to a low impact tenant-6.4% cap rate. (Fenced storage compound does not form part of this lease and could possibly be leased to generate additional income to increase cap rate to over 7.5%, or used for storage for buyer.). Ideal south side location in Piper Creek Industrial park, just south of the Westerner grounds/Centrium. This building was constructed in 2015 and shows near new, with a 2751 sq. ft. footprint (Condo plan measurement) and 3332 total developed space (Interior measurements) including mezzanine with exterior fenced storage compound. This incredible space has both a front drive 14 ft. overhead door and a rear drive 14 ft. overhead door with two separate bays and office space in the centre. The possibilities are endless, as the front could be used as a show room or additional shop space, or could be sub-let to a tenant. Also ideal deal for the hobbyist or business owner that desires some extra space for a man cave. Both the front and back shop/showroom spaces have overhead radiant heat, front bay is 24'x 34', rear bay is 24'x55'. The office mezzanine has force air. The upper mezzanine consists of two offices, a bathroom and a kitchen room. The lower central space below the mezzanine has another large room ideal for show room/reception or office space, plus two additional rooms that could be used for storage or small office and another bathroom. Front bay flooring has been left bare concrete as the new owner may decide they want carpet for a showroom, epoxy, paint, or leave as is, The front parking area is paved as well as the rear access and parking. (id:55690)

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    FEATURES AND AMENITIES

    Property Features

    • MLS® Number A2265646
    • Price $564,900

      Maintenance,

      $482 Monthly
    • Square Footage: 3332 sqft
    • Property Type: Commercial Mix
    • Community Name: Piper Creek Business Park
    • Plan 2220317
    • Total Buildings 1

    Business

    Business Type Automobile, Construction, Industrial, Industrial, Manufacturing, Other, Other, Recreation, Retail and Wholesale Business Sub Type Auto service/repair, Construction, Warehouse, Industrial, Manufacturing, Professional office(s), Other, Recreation, Wholesale

    Buildings

    Constructed Date 2015 Construction Material Wood Frame
    Foundation Type Poured Concrete Heating Fuel Natural Gas
    Heating Type Forced Air, Radiant Heat Size Exterior 3332 Sqft
    Size Interior 3332 Sqft Total Finished Area 3332 Sqft
    Type Commercial Mix Utility Water Municipal Water

    Land

    Acreage No Sewer Municipal Sewage System
    Size Irregular 0.00x0.00 Size Total Text 0.00x0.00|unknown
    Zoning Description Bsi

    Utilities

    Electricity Connected Natural Gas Connected
    Sewer Connected Water Connected

    Agents and Offices

    • Brad Granlund
    • Office: Rcr - Royal Carpet Realty Ltd.

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