Property for Sale

Courtesy of Mani Bagga, Jaz Sandhu of Royal Lepage Magna

Property For Sale In Spruce Grove

Property for Sale, MLS® # 45499309

Add a proven, income-producing commercial asset to your investment portfolio with this approximately 1,044 sq. ft. corner retail condominium, ideally located in a high-traffic area of Spruce Grove. Unit 8 is being offered as an investment property only and is fully leased to an established liquor store that has successfully operated from the same location for approximately 15 years. The business intends to remain in the premises, providing the purchaser with an established long-term tenant and immediate rental income from the date of possession. Under the triple-net lease structure, the tenant is responsible for the property's operating costs as outlined in the lease, helping reduce the owner's day-to-day management responsibilities and providing a more predictable commercial investment. As a highly visible corner unit, the property benefits from excellent exposure, convenient customer access, paved surroundings and a versatile retail layout. Its proven operating history and location within the growing co

Contact Caitlin Heine About MLS® 45499309

Required Field

Caitlin Heine, 1.587.400.SOLD (7653) at Elisse Moreno (REALTORS® with RE/MAX Real Estate), Suite 200, 10835 – 124th Street NW, Edmonton, Alberta, T5M 0H4

property information

  • MLS®#: 45499309
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Community Information

  • City: Spruce Grove
  • Postal Code: T7X 3Y1
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$448,500

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