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Industrial Office Warehouse In Spruce Grove For Sale

Spruce Grove, Alberta, Canada
Asking Price:
$1,000,000 (CAD)
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Office: 1920 SF
Industrial / Warehouse: 13,808 SF
Net Area: 15,728 SF

There is industrial hvac equipment available for purchase as well. (Full equipment List in "documents")

The site comprises a total area of 1.01 acres (43,996 square feet), more or less.

Land Use Classification (Zoning):
The City of Spruce Grove Zoning Bylaw currently designates the property as M1 (General Industrial District).

Access / Exposure:
Overall access to the property is considered to be average. The site enjoys good exposure characteristics.

Density / Site Coverage:
The site has been developed to a Floor Area Ratio of 0.36.

Services:
The site is fully serviced.

Topography:
The site's topography is generally level and above street grade with adjacent roadways and properties.


Summary
The site provides average access and good exposure characteristics and no adverse influences are visually apparent. We have not undertaken a detailed soil analysis, and as we are not qualified to comment on soil conditions, we have assumed that there are no contaminants affecting the site. However, a full environmental assessment would be required for certainty and any cost of remedy should be deducted from the reported value herein. The sub-soil is assumed to be similar to other lands in the area and suitable in drainage qualities and load bearing capacity to support the existing development.

Property Information

Real Estate:

Real Property Included

Location:

60 Oswald Dr. Spruce Grove

Premises Details:

Property Type: Industrial/ Office Warehouse
Year Built: 1964
Quality / Condition: Fair / Average
Site Area (acres): 1.01
Density: 0.36
Land Use/Zoning: M1 (General Industrial District)

Size in square feet:
15,728

Other Information

Furniture / Fixtures value:
$800,000 (CAD)
Related Documents:
Business closed / Asset sale:
Yes

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