123 Cree Rd, Sherwood Park, Alberta T8A3X9

123  Cree Rd
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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.

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

Living Area32000 sqft

Building & Exterior

Year Built1977

Land & Location

Lot Size Area78408.0 sqft
Lot Size Dimensions78408

Listing & Financials

Listing OfficeAcquire Real Estate Group
Originating System NameREALTORS® Association of Edmonton – Commercial

Other Specifications

CountryCanada
Parking Total30

For Sale

$4,000,000

123 Cree Rd, Sherwood Park, Alberta T8A3X9

Beds

-

Baths

-

Living Area

32,000 sqft

Lot Size

78,408 sqft

Property Type

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Year Built

1977

Listing ID44080261

Location & Map

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