251 Spruce ST #105, Rural Red Deer County, AB T4E 1B4
251 Spruce ST #105, Rural Red Deer County, AB T4E 1B4,Video Tour
251 Spruce ST #105, Rural Red Deer County, AB T4E 1B4
251 Spruce ST #105, Rural Red Deer County, AB T4E 1B4
251 Spruce ST #105, Rural Red Deer County, AB T4E 1B4
251 Spruce ST #105, Rural Red Deer County, AB T4E 1B4
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Derek J. Bryer

Derek J. Bryer

+1(587) 325-2992
$ 549,900
Est. payment | /mo
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$ 549,900
Est. payment | /mo
Save Virtual Tour

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Piper Creek Business Park

MLS® Listing ID A2265646

Condo Fees $482

Year Built 2015

Annual Tax Amount $7,720

Tax Year 2025

Lot Dimensions 0.00X0.00

Property Sub-Type Mixed Use

Source Central Alberta

Property Description

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.

Location

Province AB

County Red Deer County

Zoning BSI

Interior

Heating Forced Air, Natural Gas, Radiant

Inclusions NONE

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Flat Torch Membrane

Building

Foundation Poured Concrete

Sewer Sewer

Water Public

Structure Type Other,Wood Frame

Others

Restrictions None Known

Tax ID 102143316

Ownership Private

Virtual Tour https://my.matterport.com/show/?m=7718vPSAvBe

Listed by RCR - Royal Carpet Realty Ltd.

Nearby Locations

Derek J. Bryer

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(587) 325-2992

derek@derekjbryer.com

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251 Spruce ST #105