Springbrook, AB T4S 2E6,3420 21 ST
See all 18 photos
Springbrook, AB T4S 2E6,3420 21 ST
Springbrook, AB T4S 2E6,3420 21 ST
Springbrook, AB T4S 2E6,3420 21 ST
Springbrook, AB T4S 2E6,3420 21 ST

$6,750,000

Est. payment /mo

$7,500,000

10.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

3420 21 ST Springbrook, AB T4S 2E6

92.39 Acres Lot

SOLD DATE : 01/07/2024

Key Details

Sold Price $6,750,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

MLS® Listing ID A1056202

Year Built 1953

Annual Tax Amount $8,616

Tax Year 2020

Lot Size 92.390 Acres

Property Sub-Type Business

Property Description

Please find the opportunity to acquire 100% of the shares in Harvard Park Business Centre ("Harvard Park").

Harvard Park is a former army base that was owned and developed by the Department of National Defense in what now forms part of the Red Deer Regional Airport (YQF). It was initially acquired and developed to train pilots for World War II and in 1966 was renamed CFB Penhold as a result of unification of the armed forces. In 1996, Harvard Park was sold by the federal government to the current owners.

Harvard Park is located in the middle of Springbrook, the hamlet that Red Deer Regional Airport resides in, and just south of the City of Red Deer. It consists of 92.39 acres of land across sixteen titles and eighteen various residential and commercial buildings totaling just under 400,000 square feet. Include

Various parts of the property are leased to numerous tenants including its anchor tenant Montair Aviation, a professional flight training school. In addition, the property consists of numerous residential buildings, training and catering business, self storage, distribution warehousing, and airport support facilities. Approximately 46 acres of Harvard Park is bare land for future development including Lot 17, a 38.45 acre parcel which is located near the future airport terminal and is included in the Master Plan for YQF.

Location

Province AB

County Red Deer County

Zoning DCD4 Comprehensive Town C

Interior

Heating Boiler, Make-up Air, Forced Air, Natural Gas, Varies by Unit

Cooling None

Building

Structure Type Wood Frame

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Salomons Commercial
agent

Ken Rigel

Team Lead

+1(403) 207-1748

Get More Information

Name
Phone*
Message