$564,900
FOR SALE

Commercial/Retail


Maintenance Fees: $482

251 Spruce Street #105
Rural Red Deer County, AB T4E 1B4

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. (id:47421)
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Listed By RCR - Royal Carpet Realty Ltd.
Data Provided By Central Alberta REALTORS® Association
MLS® Listing Number A2265646
Last Updated May 09, 2026
Property Summary
Property Type Commercial/Retail

More like this:
Use Auto Service/Repair
Maintenance Fees $482
Community Piper Creek Business Park
Price History

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Detailed Information
Listing Contract Date 2025-10-20
Maintenance Fee Payment Frequency Monthly
Municipal ID 0039086699
Ownership Type Condominium/Strata
Plan 2220317
Property Type Other
Transaction Type For sale
Total Buildings 1
Zoning Description BSI
Business
Business Type Automobile, Construction, Industrial, Industrial, Manufacturing, Other, Other, Recreation, Retail and Wholesale
Business Subtype Auto service/repair, Construction, Warehouse, Industrial, Manufacturing, Professional office(s), Other, Recreation, Wholesale
Building
Constructed Date 2015
Construction Material Wood frame
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Forced air, Radiant heat
Size (Exterior) 3332 square feet
Total Finished Area 3332 sqft
Type Commercial Mix
Utility Water Municipal water
Utilities
Type Description
ElectricityConnected
Natural GasConnected
SewerConnected
WaterConnected
Land
Total Size 0.00X0.00 | Unknown
Sewer Municipal sewage system
Size of Irregular Land 0.00X0.00

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