505 Railway Street 2, 3 , Cochrane, AB T4C 2E2
Cochrane, AB T4C 2E2
Description
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.
Details
| Mls | A2176895 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Hoadues | $1,415 |
| Subtype | Resale |
| Status | Active |
| Year | 2006 |
| Days On Site | 35 |
| Listing Provided By | CIR Realty | Russ Austin |
Features
| Sq Feet | 2,864 |
|---|---|
| Zoning | C-G |
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Learn More About This Property
| State | AB |
|---|---|
| County | Rocky View County |
| City | Cochrane |
| Zip Code | T4C 2E2 |
| Area | Rocky View County |
| Community Name | Downtown |
| Listing VS Median (in Downtown) | |
Price: $929,900 low | high Med: $179,500 SqFt: 2,864 low | high Med: 3,058 $ / SqFt: $325 low | high Med: $98 On Site: 35 low | high Med: 79.000000 | |
