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Investment Highlights

  • Fully fenced yard with improved gravel surfacing and drainage infrastructure.

Executive Summary

This 7,500 SF industrial facility situated on 1.50 acres offers a compelling ownership opportunity for businesses seeking a well-equipped property with substantial infrastructure. The asset features 4,500 SF of shop space with two 5-ton cranes, heavy power capabilities (600V and 480V service), and multiple grade-level overhead doors for efficient operational flow. The 3,000 SF office component includes six private offices, a boardroom, reception area, lunchroom, and washrooms, creating a professional administrative environment on-site.
The fully fenced and improved yard accommodates secure storage and parking, with gravel surfacing and catch basins enhancing usability in all seasons. Access is optimized with two entry points and exposure along Diamond Avenue. Located in the M1 General Industrial zone of Spruce Grove, the property benefits from proximity to major arterials, including Golden Spike Road, Highway 16A, Anthony Henday, and Whitemud Drive. Offered at $2,129,000, this property represents a well-located investment in a growing industrial corridor with immediate utility for heavy or specialized users.

Property Facts

Price $1,561,240 USD
Price Per SF $208.17 USD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 1.50 AC
Rentable Building Area 7,500 SF
No. Stories 1
Year Built 1989
Tenancy Single
Parking Ratio 1.33/1,000 SF
Clear Ceiling Height 18’
No. Drive In / Grade-Level Doors 3
Zoning M1 - General Industrial

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 7,500 SF
  • Industrial
  • Partial Build-Out
  • Now

Available for lease, this 7,500 SF office and shop property provides exceptional functionality for industrial operations. The shop component includes two 5-ton cranes, high-voltage power (600V and 480V), and multiple grade overhead doors for superior logistical efficiency. Ceiling heights of 18 feet, T5 lighting, and an air makeup unit further support production or service-based activities. The office portion spans two floors, offering a combination of private offices, boardroom, lunchroom, and washrooms to support seamless business administration. The site includes a 1.50-acre improved and fully fenced yard with dual access points and parking in front of the building. Zoned M1 General Industrial, the property provides connectivity to key transportation routes, including Highway 16A, Anthony Henday, and Whitemud Drive, ensuring excellent distribution reach across the region.

Space Size Space Use Build-Out Available
1st Floor 7,500 SF Industrial Partial Build-Out Now

1st Floor

Size
7,500 SF
Space Use
Industrial
Build-Out
Partial Build-Out
Available
Now

1st Floor

Size 7,500 SF
Space Use Industrial
Build-Out Partial Build-Out
Available Now

Available for lease, this 7,500 SF office and shop property provides exceptional functionality for industrial operations. The shop component includes two 5-ton cranes, high-voltage power (600V and 480V), and multiple grade overhead doors for superior logistical efficiency. Ceiling heights of 18 feet, T5 lighting, and an air makeup unit further support production or service-based activities. The office portion spans two floors, offering a combination of private offices, boardroom, lunchroom, and washrooms to support seamless business administration. The site includes a 1.50-acre improved and fully fenced yard with dual access points and parking in front of the building. Zoned M1 General Industrial, the property provides connectivity to key transportation routes, including Highway 16A, Anthony Henday, and Whitemud Drive, ensuring excellent distribution reach across the region.

Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
  • Listing ID: 40365813

  • Date on Market: 5/1/2026

  • Last Updated:

  • Address: 49 Diamond Ave, Spruce Grove, AB

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