Ahmad Sai - 780-982-1119

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Industrial in Sherwood Park

$4,000,000.00
123 Cree Rd - MLS® #: 44080261
  • (168)
  • 248
  • 56
  • 0 Bedrooms
  • 0 Bathrooms
  • 32000 Sq Ft
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Ahmad Sai
780-982-1119

Property Type

Industrial

Description

FOR SALE | VALUE-ADD SERVICE COMMERCIAL / INDUSTRIALExceptional opportunity to acquire a substantially renovated service commercial / industrial asset located in the established Cree Road corridor of Sherwood Park. The property has undergone extensive capital improvements totaling in excess of $500,000 over the past three years, resulting in high-end interior and exterior finishes rarely found in this submarket.The building features three (3) overhead grade-level loading doors, 3-phase power, and 12+ washrooms, allowing for flexible multi-tenant or owner-user configurations. The site sits on approximately 1.8 acres with abundant on-site parking, supporting both industrial and service commercial users.Currently partially leased to two long-term tenants who are willing to remain, providing immediate stabilized income, with additional rentable area available for further lease-up and upside. This creates an attractive value-add investment or owner-user with income opportunity.Zoned C5 – Service Commercial, the property accommodates a wide range of permitted uses including light industrial, warehousing, contractor services, manufacturing, and showroom applications.Highlights include:Over $500,000 in recent renovationsHigh-end finishes throughout3 overhead doors3-phase power12+ washrooms1.8-acre siteExcellent parking ratioTwo established long-term tenants in placeAdditional space available for lease-upPrime Sherwood Park location with strong access and visibilityVendor currently occupies a portion of the building under a short-term market lease, providing interim income with vacant possession flexibilityThis is a rare turnkey industrial/service commercial offering with strong fundamentals, in-place income, and future upside. (id:6769)

Property Details

Lot
78408

Year Built
1977

Parking Type
30

Listing Agent

Michelle E. Derk
(780) 902-1668

Brokerage

Acquire Real Estate Group
(780) 902-1668

Disclaimer:

The property information on this website is derived from the Canadian Real Estate Association''s Data Distribution Facility (DDF®). DDF® references real estate listings held by various brokerage firms and franchisees. The accuracy of information is not guaranteed and should be independently verified. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Listing data last updated date: 2026-01-08 04:16:42




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