$ 4,350,000

480 + 490 South Avenue, Spruce Grove

Exceptional industrial opportunity situated on 2.34 acres in Spruce Groves established industrial district. This modern ±10,078 SF facility combines quality construction, functional design, and extensive yard space to accommodate a wide range of industrial operations. The professionally finished office area is complemented by a highly functional shop featuring six oversized drive-through overhead doors, crane infrastructure, wash bay with Hotsy system, in-floor heating, make-up air system, and concrete loading aprons. The fully fenced and secure site offers excellent circulation for large commercial vehicles and an exceptionally low site coverage ratio, providing outstanding flexibility for outdoor storage, equipment, and future operational expansion. Strategically positioned in one of Spruce Groves premier industrial areas, the property benefits from immediate access to Highway 16A via Century Road and excellent connectivity to Highway 16, providing efficient transportation throughout the Edmonton Metropolitan Region. M1 zoning provides exceptional flexibility for a wide range of industrial, commercial, automotive, office, service, wholesale, and equipment related businesses. A rare opportunity to acquire a well-appointed industrial facility offering modern improvements, exceptional functionality, and extensive yard space. Available for immediate possession (id:1945)
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Property details for 480 + 490 South Avenue, Spruce Grove

Type
Commercial
Lot Size
101930.4

Nearby Listings Stat

Estimated price and comparable properties near 480 + 490 South Avenue

Active Listings
140
Min Price
$85,000
Max Price
$4,350,000
Avg Price
$572,042
Days on Market
49
days
Sold Listings
62
Min Sold Price
$109,900
Max Sold Price
$2,350,000
Avg Sold Price
$521,438
Days until Sold
57
days

Neighbourhood Census Data

Spruce Grove, Alberta

Population
448
Median Age
42.7
Median Income
$45,611
Dwelling Value
$333,813

Housing Tenure

Owners 97%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.5
Pop. Density: 103.6/km²
Avg Shelter Cost: $1,164/mo
Owners with Mortgage: 54.5%
Owners Spending 30%+: 8.8%
Tenants Spending 30%+: 0%
English only: 94.4%
English and French: 5.6%
Median Household Income: $99,072
Median Employment Income: $44,224

Price History

Listed
July 9, 2026
by Royal LePage Noralta Real Estate
Current Price
$4,350,000
-2.2% from last change
Type
Commercial
For Sale
Price Changes
2
Date Price Change
Current $4,350,000 $100,000 (-2.2%)
Sep 3, 2026 $4,450,000 $150,000 (-3.3%)
Aug 4, 2026 $4,600,000 Listed

Contact Agent Get in touch about 480 + 490 South Avenue, Spruce Grove

Victor Moroz
Victor Moroz
Royal LePage Noralta Real Estate

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