Royal Lepage Magna

8 Mcleod Ave, Spruce Grove, AB

$448,500

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About 8 Mcleod Ave

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

Features of 8 Mcleod Ave

MLS® # 45499309
Price $448,500
Bathrooms 0.00
Type Business with Property
Status Active

Community Information

Address 8 Mcleod Ave
Area Spruce Grove
City Spruce Grove
County ALBERTA
Province AB
Postal Code T7X 3Y1

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Suite No
Has Basement No

Additional Information

Foreclosure No
RE / Bank Owned No

Listing Details

OfficeRoyal Lepage Magna

Listing Map