280 Portage Clos
Sherwood Park, AB T8H 2R6 Outlying

• Unit Size: 2,313 SF
• Condo Use: Industrial
• Price: $487,319 USD
• Sale Type: Investment
• Price/SF: $210.69 USD

Description

Clean, functional office and warehouse condo in Millennium Business
Park. This ±2,313 sq ft unit offers 357 sq ft of developed office space on
the main floor with work area, coffee station, and a 2 piece washroom,
plus a ±342 sq ft finished mezzanine with two private offices. The
mezzanine area is additional and is not included in the total square
footage.
The warehouse features a ±23.78 ft ceiling height to roof peak, a 14 ft x
12 ft grade loading door, radiant tube heating, modern shop lighting, and
a built-in tool and storage room. Rooftop HVAC serves the office areas.
Built in 2013 with steel frame and insulated metal panel construction,
interior developed in 2015.
IM Medium Industrial zoning permits a wide range of office, warehouse,
service, and light industrial uses. Three assigned parking stalls at the
front with fenced rear storage available through the complex. Minutes to
Highway 16, Anthony Henday, and Baseline Road with quick access
across the Edmonton region.
Currently net leased to a long-term tenant at $42,000 per year with the
current term expiring September 30, 2026. The tenant would love to stay,
giving a purchaser a genuine choice: keep the income in place or take
occupancy for your own operation. A rare opportunity in a segment with
limited supply and consistent demand.

Sale Notes

Currently net leased to a long-term tenant at $42,000 per year with the
current term expiring September 30, 2026. The tenant would love to stay,
giving a purchaser a genuine choice: keep the income in place or take
occupancy for your own operation.