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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$ 549,900
Est. payment | /mo

$ 549,900
Est. payment | /mo

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.
LOCATION AND OTHER NEARBY PROPERTIES

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251 Spruce ST #105

REVIEWS

Sara Bietz

I’ve had the pleasure of working with Viren in Arbour Lake, and I’ve always been impressed with how professional, responsive, and easy to work with they are. They genuinely care about their clients and consistently go above and beyond to make sure things are handled properly. It’s always a pleasure working with someone who is knowledgeable, reliable, and truly puts their clients first. I would happily recommend Viren to anyone looking for a great realtor in Calgary’s Northwest.

Geeta Singh

As a professional and knowledgeable real estate agent, Viren made the journey of purchasing a home in the Calgary area completely seamless. I felt supported and informed at every single step. His market expertise and unwavering patience truly stood out.

Sartaj Sekhon

Working with Viren is an absolute pleasure, and he is easily one of the most professional Realtors in North West Calgary. What I appreciate most about him is how he always keeps the bigger picture in mind. He doesn’t just focus on getting a quick deal done; he actually steps back, considers the long-term strategy, and focuses on what makes the most sense for his clients down the road. Additionally, his communication is top-notch. He keeps you in the loop every step of the way, anticipates questions before they come up, and is very resourceful when it comes to getting answers and solving problems. He has a great network of folks that he can tap into to resolve any issue! If you're looking for a collaborative, down-to-earth Realtor who truly knows his stuff and puts his clients first, give Viren a call!
Viren Vijayashankar

Viren Vijayashankar

Agent CON-00135400

+1(587) 742-8877

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