• 211 Calahoo Road, Spruce Grove, AB

1.99 AC
Retail
$5,250,000
Sale


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Sprucewood Plaza is a well‑located neighbourhood retail centre offering excellent visibility and stable long‑term upside. Strategically situated along Calahoo Road, the property benefits from strong frontage exposure and immediate access to Highway 16A (Parkland Highway), providing efficient connectivity to Edmonton, Stony Plain, and the broader west‑end trade area. The centre is positioned on a well‑configured site with ample surface parking and strong front‑facing access serving established food and service‑oriented tenants. Surrounded by a growing residential population and located within the Spruce Grove–Stony Plain–Parkland County region, the property is well positioned to serve daily‑needs retail while presenting an attractive opportunity for investors seeking a high‑visibility asset within a developing suburban market.


The Space
Asking Price$5,250,000
Available Space1.99 AC
Net Operating Income$$363,000
Property UseRetail
Cap Rate6.9%
SourceDirect

The Building - Sprucewood Plaza
Property TypeRetail
Building Size12,840 ft²
Lot Size1.99 AC
ZoningCB – Business Commercial
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