The Opportunity

Overview

Opportunity to acquire a well-established, two-storey mixed-use commercial building totalling 12,050 SF, situated on 0.49 acres in Spruce Groves established commercial corridor. Zoned C2 (Vehicle Oriented Commercial), the property accommodates a diverse range of office and retail uses. Built in 1985, the building features two full floors of approximately 6,025 SF each, with a functional layout suited to professional, medical, or retail tenants. The property is currently multi-tenanted with ample on-site parking, offering convenient access for both tenants and customers. Centrally located in Spruce Grove with strong visibility and accessibility, this asset benefits from the continued population and commercial growth of the greater Parkland County region. An ideal acquisition for those seeking a stable commercial asset in one of Albertas fastest-growing communities west of Edmonton. (id:61970)

Investment highlights

01Office

Property details

Property type: Office
Transaction: For sale
Site area: 21,344.4 square feet
Listing brokerage: Royal LePage Noralta Real Estate
Listing representative: Rohin Geis
Board / association: Edmonton - Commerical

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Financial information

Asking price$2,350,000

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Location intelligence

Spruce Grove, Alberta T7X2Z6

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Documents

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From interest to a decision

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01Prepare for the property tour

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Property diligence resources

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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: 29756049
Last supplied (UTC): October 22, 2026
Listing brokerage: Royal LePage Noralta Real Estate
Listing representative: Rohin Geis
Board / association: Edmonton - Commerical

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: Royal LePage Noralta Real Estate · Listing representative: Rohin Geis · Board/association: Edmonton - Commerical · Updated (UTC): Oct 22, 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.