Courtesy Of Rohin Geis and Victor Moroz Of Royal LePage Noralta Real Estate
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 | 100 |
| Zoning | Zone 91 |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Office | Courtesy Of Rohin Geis and Victor Moroz Of Royal LePage Noralta Real Estate |
|---|