$ 929,900
505 Railway ST W #2, 3 Cochrane, AB T4C 2E2
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$ 929,900
Est. payment | /mo
$ 929,900
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision Downtown
MLS® Listing ID A2176895
Condo Fees $1,415
Originating Board Calgary
Year Built 2006
Annual Tax Amount $9,727
Tax Year 2024
Property 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.
Location
Province AB
County Rocky View County
Zoning C-G
Interior
Heating Hot Water
Inclusions None
Exterior
Roof Type Asphalt Shingle
Building
Structure Type Brick,Vinyl Siding,Wood Frame
Others
Restrictions Board Approval
Tax ID 93954426
Ownership Private
Listed by CIR Realty
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