For more information regarding the value of a property, please contact us for a free consultation.
251 Spruce ST #102 Rural Red Deer County, AB T4E 1B4
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $1,300,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Piper Creek Business Park
MLS® Listing ID A2187086
Sold Date 09/05/25
Condo Fees $1,134
Year Built 2015
Annual Tax Amount $11,915
Tax Year 2024
Property Sub-Type Mixed Use
Source Central Alberta
Property Description
Perfect property for Investors or end users. This property is ideally and conveniently located in Piper Creek Business Park just south of the Westerner Grounds. Seller will vacate the space in 6 months for an interested end user, or sign up to a 5 year lease with the new owner at a cap rate over 7%. This super clean/open space has at total of 7862 sq. ft with 6499 sq. ft. on the main floor including 2 bathrooms, three overhead 12 ft bay doors and one 8ft overhead bay door (three in the rear and one on the front for pass through access from back to front). There is a nicely developed 1363 sq. ft. mezzanine including a coffee area with sink/fridge/dishwasher, 3 piece bathroom with shower, an open meeting room/reception area and two offices. The front and rear of the building have paved parking. There is a 60ft x 80ft enclosed (chain-link) storage compound in the rear with sliding chain link gate. A great property built in 2015 in very nice condition. Don't delay!
Location
Province AB
County Red Deer County
Zoning BSI
Interior
Heating Overhead Heater(s), Forced Air, Natural Gas, Radiant
Cooling None
Exterior
Roof Type Membrane
Building
Foundation Poured Concrete
Others
Restrictions None Known
Tax ID 91372853
Ownership Private
Read Less

GET MORE INFORMATION
- All Calgary Homes
- Hot New Listings
- $1M+ Luxury Homes
- $500k - $1M Real Estate
- Homes Under $500,000
- All Single Family Homes
- Brand New Homes
- Waterfront Homes
- All Condos
- Luxury Condos & Penthouses
- Condos Under $300k
- Close to Golfcourse
- Brand New Condos
- Brand New Townhomes
- Inner City Homes
- All Townhomes