The Opportunity

Overview

Clean, functional office and warehouse condo in Millennium Business Park. This ±2,313 sq ft unit offers 2 developed office spaces (±357 sqft)on the main floor with work area, coffee station, and a 2 piece washroom, plus a 2 offices (±342 sqft) finished mezzanine with two private offices. (The mezzanine area is additional and is not included in the total square footage.) The warehouse features a 23.78 ft ceiling height to roof peak, a 14 ft x 12 ft grade loading door, radiant tube heating, modern shop lighting, and a built-in tool and storage room. Rooftop HVAC serves the office areas. Built in 2013 with steel frame and insulated metal panel construction, interior developed in 2015. IM Medium Industrial zoning permits a wide range of office, warehouse, service, and light industrial uses. Three assigned parking stalls at the front with fenced rear storage available through the complex. Minutes to Highway 16, Anthony Henday, and Baseline Road with quick access across the Edmonton region. Currently net leased NNN to a long-term tenant at $42,000 per year with the current term expiring September 30, 2026. The tenant would love to stay, giving a purchaser a genuine choice: keep the income in place or take occupancy for your own operation. A rare opportunity in a segment with limited supply and consistent demand. (id:61970)

Investment highlights

01Industrial

Property details

Property type: Industrial
Transaction: For sale
Site area: 3,465.98 square feet
Listing brokerage: Century 21 Masters
Listing representative: Ryan McDonald

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Financial information

Asking price$675,000

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Location intelligence

130, 130, 280 Portage Close
Sherwood Park, Alberta T8H2R6

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Documents

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Acquisition criteria workpaperDefine required, preferred and flexible mandate criteria →Property tour and comparison scorecardCompare this opportunity against the real requirement →Phase I environmental site assessmentHistory, records, observations and professional findings →Environmental records and contaminated sitesERV, AER records, certificates and search limitations →Commercial property due diligenceCoordinate every acquisition workstream →Commercial buyer representationAcquisition scope, agency, conflicts, information, compensation and exit →Commercial real estate appraisalPurpose, scope, evidence, reliance and report review →Assessment and property taxesAssessment dates, methods, tax allocation and review →Due diligence document requestTitle, permits, environment, leases and operations →Permit and occupancy recordsApplications, inspections, completion and use →Selling commercial propertyOwner objectives, evidence, marketing, offers and closing →Commercial pricing and positioningProperty interest, buyer audience, evidence and launch strategy →Commercial offering memorandumSource control, analysis, privacy, attribution and corrections →Public vs. confidential marketingReach, disclosure, qualification and reporting controls →Buying tenant-occupied commercial propertyLease, rent roll, tenant evidence and closing continuity →Triple net lease investmentsExpense allocation, tenant covenant, remaining term and owner exposure →Commercial lease rollover riskExpiries, renewal uncertainty, downtime and leasing capital →Commercial tenant covenant reviewLegal obligors, payment evidence, financial capacity and privacy →Lease security and letters of creditAmount, custody, expiry, draw and closing transfer →Insurance due diligenceProperty facts, loss history, limits and closing →Replacement cost and loss historyReconstruction assumptions, claims and repairs →Building condition assessmentSystems, records and physical findings →Capital expenditure planTiming, cost basis and scenarios →Inspection accessAuthority, testing and deadlines →Alberta title searchParcels, ownership and registrations →Registered interestsCaveats, easements and rights →Survey plans and boundariesPlans, access and occupation →

Source Record

Current listing facts, with attribution intact.

Source: REALTOR.ca DDF®
Listing status: active
Source ID: 30051705
Last supplied (UTC): August 25, 2026
Listing brokerage: Century 21 Masters
Listing representative: Ryan McDonald

Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.

Listing brokerage: Century 21 Masters · Listing representative: Ryan McDonald · Updated (UTC): Aug 25, 2026

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.