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357 Saskatchewan Ave 12,375 SF Industrial Building Spruce Grove, AB T7X 0G6 $2,793,856 USD ($225.77 USD/SF)
INVESTMENT HIGHLIGHTS
- 12,375 sq ft of stand-alone industrial fabrication shop and office on 1.39 acres ± in Spruce Grove, AB
- Four overhead 5-ton cranes, 27,000 CFM air make up unit and metal clad interior walls, and heavy power (400A/600V - TBC)
- Shop area is 9,085 sq ft ± with 23’ 6” clear ceilings, 81’ x 50’ craneways, and two overhead grade loading doors
- Well-appointed, executive improvements with nine offices, lunchroom, reception and boardroom.
EXECUTIVE SUMMARY
LEGAL DESCRIPTION Plan: 0728886; Block: 3; Lot: 5
LOCATION Spruce Grove Industrial Park
BUILDING SIZE 1,645 sq ft ± main floor office | 9,085 sq ft ± main floor shop | 1,645 sq ft ± 2nd floor office | 12,375 sq ft ± Total
SITE SIZE 1.39 acres ± (185’ ± x 328’ ±)
SITE IMPROVEMENTS Graded, graveled, packed, fenced and gated
SITE COVERAGE RATIO 18% ±
OFFICE TO SHOP 27% Office : 73% Shop
YEAR BUILT 2011
CONSTRUCTION TYPE Pre-engineered steel frame
POWER 400A / 600V (TBC)
ZONING M1 (General Industrial District)
INTERNET Air conditioned server room, Telus currently services the property
BONUS ITEMS (1) Air makeup engineered air 27,000 CFM (2) Metal cladding interior (3) Office furniture (TBC)
SALE PRICE $3,900,000.00 ($315/sq ft)
PROPERTY TAXES $48,355.92 (YE 2025)
LEASE RATE $17.50/sq ft (net)
OP COSTS $5.64/sq ft (TBC)
POSSESSION April 2026
Office Details:
CEILING HEIGHT 8’10” ± clear
HEATING & COOLING Rooftop HVAC
LIGHTING Fluorescent
LAYOUT Nine offices with two washrooms, kitchenette, reception and boardroom
Shop Details:
CLEAR CEILING HEIGHT 23’ 6” ± under truss
HEATING Radiant tube
LIGHTING T5 CRANES (4) 5-ton top running single girder cranes by Teko Cranes (18’6” clear under bridge)
LOADING (1) 12’ x 16’ grade loading (1) 22’ x 16’ grade loading
SUMPS (2) 2 stage sumps
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (USD) | ANNUAL PER SF (USD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $2,793,856 USD | Rentable Building Area | 12,375 SF |
| Price Per SF | $225.77 USD | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 2011 |
| Property Type | Industrial | Parking Ratio | 1.83/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 23’6” |
| Building Class | B | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 1.39 AC | ||
| Zoning | M1 - General Industrial District | ||
| Price | $2,793,856 USD |
| Price Per SF | $225.77 USD |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 1.39 AC |
| Rentable Building Area | 12,375 SF |
| No. Stories | 1 |
| Year Built | 2011 |
| Parking Ratio | 1.83/1,000 SF |
| Clear Ceiling Height | 23’6” |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | M1 - General Industrial District |
AMENITIES
- Fenced Lot
- Signage
- Reception
- Breakroom
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
MUNICIPAL ADDRESS 357 Saskatchewan Avenue, Spruce Grove, AB LEGAL DESCRIPTION Plan: 0728886; Block: 3; Lot: 5 LOCATION Spruce Grove Industrial Park BUILDING SIZE 1,645 sq ft ± main floor office | 9,085 sq ft ± main floor shop | 1,645 sq ft ± 2nd floor office | 12,375 sq ft ± Total SITE SIZE 1.39 acres ± (185’ ± x 328’ ±) SITE IMPROVEMENTS Graded, graveled, packed, fenced and gated SITE COVERAGE RATIO 18% ± OFFICE TO SHOP 27% Office : 73% Shop YEAR BUILT 2011 CONSTRUCTION TYPE Pre-engineered steel frame POWER 400A / 600V (TBC) ZONING M1 (General Industrial District) INTERNET Air conditioned server room, Telus currently services the property BONUS ITEMS (1) Air makeup engineered air 27,000 CFM (2) Metal cladding interior (3) Office furniture (TBC) SALE PRICE $3,900,000.00 ($315/sq ft) PROPERTY TAXES $48,355.92 (YE 2025) LEASE RATE $17.50/sq ft (net) OP COSTS $5.64/sq ft (TBC) POSSESSION April 2026 Office Details: CEILING HEIGHT 8’10” ± clear HEATING & COOLING Rooftop HVAC LIGHTING Fluorescent LAYOUT Nine offices with two washrooms, kitchenette, reception and boardroom Shop Details: CLEAR CEILING HEIGHT 23’ 6” ± under truss HEATING Radiant tube LIGHTING T5 CRANES (4) 5-ton top running single girder cranes by Teko Cranes (18’6” clear under bridge) LOADING (1) 12’ x 16’ grade loading (1) 22’ x 16’ grade loading SUMPS (2) 2 stage sumps
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 12,375 SF | Industrial | - | Apr 2026 |
1st Floor
| Size |
| 12,375 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Apr 2026 |
1st Floor
| Size | 12,375 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Apr 2026 |
MUNICIPAL ADDRESS 357 Saskatchewan Avenue, Spruce Grove, AB LEGAL DESCRIPTION Plan: 0728886; Block: 3; Lot: 5 LOCATION Spruce Grove Industrial Park BUILDING SIZE 1,645 sq ft ± main floor office | 9,085 sq ft ± main floor shop | 1,645 sq ft ± 2nd floor office | 12,375 sq ft ± Total SITE SIZE 1.39 acres ± (185’ ± x 328’ ±) SITE IMPROVEMENTS Graded, graveled, packed, fenced and gated SITE COVERAGE RATIO 18% ± OFFICE TO SHOP 27% Office : 73% Shop YEAR BUILT 2011 CONSTRUCTION TYPE Pre-engineered steel frame POWER 400A / 600V (TBC) ZONING M1 (General Industrial District) INTERNET Air conditioned server room, Telus currently services the property BONUS ITEMS (1) Air makeup engineered air 27,000 CFM (2) Metal cladding interior (3) Office furniture (TBC) SALE PRICE $3,900,000.00 ($315/sq ft) PROPERTY TAXES $48,355.92 (YE 2025) LEASE RATE $17.50/sq ft (net) OP COSTS $5.64/sq ft (TBC) POSSESSION April 2026 Office Details: CEILING HEIGHT 8’10” ± clear HEATING & COOLING Rooftop HVAC LIGHTING Fluorescent LAYOUT Nine offices with two washrooms, kitchenette, reception and boardroom Shop Details: CLEAR CEILING HEIGHT 23’ 6” ± under truss HEATING Radiant tube LIGHTING T5 CRANES (4) 5-ton top running single girder cranes by Teko Cranes (18’6” clear under bridge) LOADING (1) 12’ x 16’ grade loading (1) 22’ x 16’ grade loading SUMPS (2) 2 stage sumps
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357 Saskatchewan Ave
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