Spruce Grove Commercial Properties for Sale

Commercial Real Estate in Spruce Grove available for sale

Spruce Grove Commercial Property for Sale

378-382 Pioneer Rd

Spruce Grove, AB T7X 0A7

Multifamily for Sale
$1,650,000 CAD
12,012 SF

Spruce Grove Multifamily for Sale - Outlying

Strategic investors, this is your opportunity to secure three turnkey income properties with seller financing available in one of Spruce Grove’s fastest-growing communities. Located in Prescott, these modern 3-storey income properties are purpose-built for performance and tenant appeal. Each property features a spacious 3-bedroom, 2.5- bath upper suite paired with a fully self-contained 1-bedroom, 1-bath main floor suite, a configuration designed to maximize rental revenue while attracting stable, long-term tenants. Inside, contemporary finishes create an immediate impact. Quartz countertops, clean lines, and bright, open living spaces deliver the modern aesthetic today’s renters expect. Natural light pours through large windows, highlighting thoughtful layouts that balance style with functionality. These are homes designed not only to photograph beautifully, but to rent quickly and retain quality tenants. Each property includes fenced backyards and a double garage, adding everyday convenience and enhancing tenant satisfaction. The outdoor space provides privacy and flexibility, while the garages increase practicality and long-term desirability. Positioned on Pioneer Road, near Highway 16A, with convenient access to shopping, the Prescott Learning Center, Acheson’s major employment hub, and the new $50M Myshak Metro Ballpark, Prescott continues to benefit from strong growth fundamentals and consistent rental demand. Location, accessibility, and modern construction combine to create a resilient investment profile. Adding to the appeal, the vendor is prepared to offer seller financing for a portion of the sale, creating flexibility, improving leverage potential, and allowing investors to structure the acquisition strategically. Whether you’re expanding your portfolio or securing a scalable, low-maintenance asset in a high-growth corridor, this offering checks the boxes for income, location, and opportunity. Opportunities with built-in flexibility like this are rare.

Contact:

AOF Real Estate Team - Professional Realty Group

Property Subtype:

Apartment

Date on Market:

2026-04-20

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More details for 27201 Township Road 532A, Spruce Grove, AB - Land for Sale

Prime 14.38-Acre Industrial/Commercial Site - 27201 Township Road 532A

Spruce Grove, AB T7X 3N3

Land for Sale
$3,400,000 CAD
14.38 AC Lot

Spruce Grove Land for Sale - Outlying

Strategically located at 27201 TWP RD 532A in Parkland County, this 14.38-acre Commercial District C property offers an exceptional market opportunity for industrial and commercial development. Positioned just north of the busy Yellowhead Highway (HWY 16) and adjacent to the successful Boys with Toys Storage project, the site benefits from strong regional infrastructure, excellent accessibility, and high visibility. The Parkland County industrial land market has seen significant growth, driven by a favorable business climate, strong demand for industrial properties, and limited local competition, particularly across Highway 16A. With ample space and strategic positioning, this property has the potential to deliver substantial value for businesses seeking to capitalize on the region’s expanding commercial and industrial opportunities.

Contact:

EPC Property Management Inc.

Property Subtype:

Commercial

Date on Market:

2026-03-16

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309 Mcleod Av

Spruce Grove, AB T7X 0J6

Land for Sale
$1,100,000 CAD
0.32 AC Lot

Spruce Grove Land for Sale - Outlying

Prime redevelopment opportunity in the heart of Spruce Grove's revitalized downtown core! This 0.32+/- acre parcel, zoned C1 - City Centre Commercial, offers excellent visibility on McLeod Avenue with access from both Main Street and King Street. Surrounded by established professional, retail, and service businesses, the property is ideally suited for mixed-use, retail, or office development. Located within the City Centre, a focus of Spruce Grove's Economic Development and Revitalization Plan, ownership here benefits from completed upgrades including widened sidewalks, completed replacement of water, sanitary and storm mains, new lighting and electrical plug-ins, and enhanced landscaping. With storefront incentives and continued infrastructure investment, this site is well positioned to take advantage of the City's vision for a vibrant hub of retail, office, residential, and entertainment opportunities. The property is bordered on 3 sides by 2 laneways and McLeod Avenue. Site Services: Fully Serviced RPR Survey Available: No

Contact:

Royal Lepage Noralta Real Estate

Property Subtype:

Commercial

Date on Market:

2025-09-23

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104 Mcleod Av

Spruce Grove, AB T7X 2H8

Land for Sale
$375,000 CAD
0.21 AC Lot

Spruce Grove Land for Sale - Outlying

Perfect for investors or developers looking to make their mark in a high-traffic location.

Contact:

Royal Lepage Noralta Real Estate

Property Subtype:

Commercial

Date on Market:

2025-04-01

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More details for 6 Mcleod Av, Spruce Grove, AB - Land for Sale

Build-to-Suit - 6 Mcleod Av

Spruce Grove, AB T7X 4B8

Land for Sale
$789,000 CAD
0.67 AC Lot

Spruce Grove Land for Sale - Outlying

Bare land ready for development! Great opportunity to build commercial building for end user or income generating on this 0.67+/- acre parcel. Located along Spruce Grove's busy McLeod Avenue, a block off of Highway 16A. Easy access from both Highway 16 (via Jennifer Heil Way) & Highway 16A. McLeod Avenue sees an estimated 9,000 +/- vehicles pass per day allowing for great exposure while Highway 16A has an estimated vehicle count of 30,000+/- per day. Property is located across from multi-family residential complex. Nearby businesses include Home Depot, Superstore, TD Bank, Canadian Brewhouse, KalTire and RBC Bank. Permitted uses include: retail, professional/office, personal service, eating/drinking establishments. Zoned C2 - Vehicle Oriented Commercial.

Contact:

Royal Lepage Noralta Real Estate

Property Subtype:

Commercial

Date on Market:

2022-04-20

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49 Diamond Ave

Spruce Grove, AB

Industrial for Sale
$2,129,000 CAD
7,500 SF

Spruce Grove Industrial for Sale - Outlying

This 7,500 SF industrial facility situated on 1.50 acres offers a compelling ownership opportunity for businesses seeking a well-equipped property with substantial infrastructure. The asset features 4,500 SF of shop space with two 5-ton cranes, heavy power capabilities (600V and 480V service), and multiple grade-level overhead doors for efficient operational flow. The 3,000 SF office component includes six private offices, a boardroom, reception area, lunchroom, and washrooms, creating a professional administrative environment on-site. The fully fenced and improved yard accommodates secure storage and parking, with gravel surfacing and catch basins enhancing usability in all seasons. Access is optimized with two entry points and exposure along Diamond Avenue. Located in the M1 General Industrial zone of Spruce Grove, the property benefits from proximity to major arterials, including Golden Spike Road, Highway 16A, Anthony Henday, and Whitemud Drive. Offered at $2,129,000, this property represents a well-located investment in a growing industrial corridor with immediate utility for heavy or specialized users.

Contact:

Avison Young

Property Subtype:

Manufacturing

Date on Market:

2026-05-01

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Western Canada KFC Portfolio

Retail for Sale
$30,835,000 CAD
54,057 SF
18 Retail Properties

Portfolio of properties for Sale

Marcus & Millichap REIS Canada Inc. has been exclusively retained to facilitate the sale of an investment portfolio comprised of 18 freehold properties (the “Portfolio”), which are tenanted by quick service restaurants (“QSR”) operating under the well-known KFC banner. The Portfolio represents a rare investment opportunity comprised of resilient and highly sought-after QSR models. Located in high-visibility areas with drive-thrus and supported by an absolute net lease structure*, these properties offer stable income with no landlord management required. The Portfolio comprises stable, income-producing properties across British Columbia, Alberta, and Saskatchewan, ensuring geographic diversification that provides exposure to various regional markets and appeals to a broad spectrum of investors.

Contact:

Marcus & Millichap

Date on Market:

2025-03-19

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Golden Spike Rd and Township Rd 522 - 273 Range Rd

Spruce Grove, AB

Land for Sale
$1,450,000 CAD
126.94 AC Lot

Spruce Grove Land for Sale - Outlying

This 126.94 +/- acre property is located along Golden Spike Road (Range Road 273) and Township Road 522 (northeast corner of intersection) a few miles south of Spruce Grove city limits. Access to property is paved road with easy access to Highways 16, 16A and 627. Just 5 minutes to Spruce Grove and 10 minutes to Stony Plain. This land is generally flat, with some low lying areas and currently being grain farmed. Power and gas lines are accessible at the property line. Future multi-parcel subdivision possibilities (rezoning would be required) or potential for subdivision of one additional lot under current zoning. Zoned Agricultural General District.

Contact:

Royal Lepage Noralta Real Estate

Property Subtype:

Agricultural

Date on Market:

2021-12-15

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Commercial Properties for Sale in Spruce Grove

View All Available Listings

How many commercial properties are available for sale in Spruce Grove?

There are currently 8 commercial properties available for sale in Spruce Grove, offering a unique opportunity for businesses to establish a presence.

How big are the commercial properties available for sale in Spruce Grove?

The average size of commercial properties available for sale in Spruce Grove is about 24,523 SF. The largest commercial properties available to buy is 54,057 SF and the smallest is 7,500 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

What's the cap rate for commercial properties in Spruce Grove?

The average market cap rate for commercial properties for sale is about 5.28% based on data provided in Spruce Grove. Learn more about how cap rates are calculated.

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