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8, 20 McLeod Avenue
Spruce Grove Spruce Grove T7X 3Y1

$448,500
Business with Property

Main Photo: 8, 20 McLeod Avenue: Spruce Grove Business with Property for sale : MLS®# 45499309
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Status:
Active
Prop. Type:
Business with Property
MLS® Num:
45499309
* Sold date and price are as reported on the RAE’s MLS® system
Add a proven, income-producing commercial asset to your investment portfolio with this approximately 1,044 sq. ft. corner retail condominium, ideally located in a high-traffic area of Spruce Grove. Unit 8 is being offered as an investment property only and is fully leased to an established liquor store that has successfully operated from the same location for approximately 15 years. The business intends to remain in the premises, providing the purchaser with an established long-term tenant and immediate rental income from the date of possession. Under the triple-net lease structure, the tenant is responsible for the property’s operating costs as outlined in the lease, helping reduce the owner’s day-to-day management responsibilities and providing a more predictable commercial investment. As a highly visible corner unit, the property benefits from excellent exposure, convenient customer access, paved surroundings and a versatile retail layout. Its proven operating history and location within the growing co
Property Type:
Business with Property
Transaction Type:
For Sale
Price Per SqFt:
$430.01
Taxes:
Bathrooms:
- (Full:-/Half:-)
Association Fee Frequency:
Association Fee Amount:
Days On Website:
3 day(s)
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Courtesy of Mani Bagga and Jaz S Sandhu of Royal Lepage Magna
Data was last updated August 23, 2026 at 11:30 PM (UTC)
Data last updated on August 23, 2026 at 11:30 PM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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.