Commercial Real Estate Listings in Spruce Grove, AB
The Spruce Grove real estate market has a lot to offer.
You will find that Retail space accounts for the largest share of CRE for rent opportunities on the local market. Meanwhile, Industrial space accounts for the second-largest share of listings on the market.
Type
No. of Listings
Space Available
Retail
3
112,068 Sq. Ft.
Industrial
3
91,328 Sq. Ft.
Office
2
98,615 Sq. Ft.
Office
32.65%
Retail
37.11%
Industrial
30.24%
Top Locations for Commercial Space in Spruce Grove, AB
Depending on the type of space that you’re looking for, different areas of Spruce Grove may suit your needs differently.
The city’s City Centre neighborhood has the highest concentration of CRE listings, offering 10 availabilities on the market.
The Highway 16A Commercial neighborhood is home to the second-largest number of leasing opportunities — 1 listing(s).
At the same time, it is worth noting that the concentration of one particular type of commercial real estate in an area is a good indication of the potential of that neighborhood or submarket. For example, if you want to rent an office, consider that you will find the largest concentration of opportunities in City Centre.
Neighborhood with most CRE Listings
No. of Spaces
City Centre
10
Highway 16A Commercial
1
Diamond Industrial
1
Areas with numerous industrial properties are also more likely to be well-connected logistically. The Diamond Industrial area is the local Spruce Grove submarket with the most listings for rent, at this time.
Retail properties can be both scattered and clustered, mostly depending on the use type and where it best fits in order to be close to the customers. In Spruce Grove, you’ll find the most such opportunities for lease to be in Highway 16A Commercial.
Commercial Real Estate for Sale in Spruce Grove, AB
If you’re looking to invest in real estate rather than to lease, the local real estate market also has something to offer.
There are currently 58,589 square feet of commercial property for sale in Spruce Grove.
The largest investment opportunity on the local market offers 32,764 square feet of earning potential.
If you are looking to buy a smaller property, consider that local listings for sale start at 5 square feet.
Across the properties offered for sale here, listed prices start at $1,445,500.
It’s worth noting that not all sale opportunities will have a price listed, but it is easy to reach out to the property representative for more information or to schedule a tour using the contact form or the contact details available on the listing page.
Mixed-Use and Green Commercial Real Estate in Spruce Grove, AB
Mixed-use properties incorporate at least two different types of commercial real estate, which can present a series of advantages. The different real estate types in a mixed-use property can complement each other in ways that sustain mutual success. For instance, ground-floor retail spaces may benefit from the constant stream of office workers to and from the upper floors of the same building, as well as serve the surrounding community.
131 First Avenue, City Centre, Spruce Grove, ABProperty
NW Corner of Highway 16A & Pioneer Road , Enoch Cree Nation, Spruce Grove, AB
93 McLeod Avenue, Westgrove Commercial, Spruce Grove, AB
120 Diamond Avenue, Diamond Industrial, Spruce Grove, ABProperty
120 Diamond Avenue, Diamond Industrial, Spruce Grove, ABProperty
96 Campsite Road, Highway 16A Commercial, Spruce Grove, AB
18 Heatherglen Crescent, Heatherglen, Spruce Grove, ABProperty