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$929,900
51 Days On Site

2, 3, 505 Railway Street W
Cochrane, AB T4C2E2

For Sale|Condominium|Active
0
Beds
0
Full Baths
0
Partial Baths
2,864.71
SqFt
$325
/SqFt
2006
Built
Subdivision:
Downtown
County:
2, 3, 505 Railway Street W2, 3, 505 Railway Street W2, 3, 505 Railway Street W2, 3, 505 Railway Street W
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Monthly Payment (Est.)

$4,243
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Discover a unique chance to acquire a strategically located Commercial Real Estate Asset in a bustling Downtown Cochrane on Railway Street. This offering includes three combined Main Floor Commercial Condo units, totaling 2865 sq ft. Lease to 2 tenants, 2321 sq ft leased to Broker Link, with a secure lease in place until mid-2027. Additionally, a 543 sq ft unit is leased separately for the same favorable time period. Excellent Location: Positioned on a busy thoroughfare, ensuring high visibility and foot traffic. Ideal Tenants: Broker Link is a reputable tenant, enhancing the stability of your investment. Strong Condo Association: Well-managed with robust financials, providing peace of mind for investors. Ample Parking: Abundant parking options for tenants and clients, and only 1/2 a block from the Cochrane transportation hub adding convenience. Attractive Space: Well-maintained units that appeal to businesses looking for prime commercial real estate so if this ever becomes vacant it will be easily re-rented. The seller initially acquired this property as a retirement investment, and now, it’s time to pass the torch. This is an exceptional opportunity for investors seeking reliable income streams in a thriving location. For further details, be sure to check the attached photos and supplementary materials. Don’t miss out on this prime investment! Contact your REALTOR® or the listing agent for more details. (id:31684)

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Listing Snapshot
Price 
$929,900
Days On Site 
51 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,864.71 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2006
MLS® Number 
A2176895
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$1,415.19 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Property Sub Type 
Condominium
SqFt Total 
2864.71
Interior Features
Heating 
Hot Water
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Exterior Features
Construction Details 
Frame
Community Features
Association Dues 
1415.19
HOA Fee Frequency 
Monthly

Listing courtesy of: Russ Austin of CIR Realty

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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