AB > Cochrane > Downtown
Cochrane, AB T4C2E2,2, 3, 505 Railway Street W
Cochrane, AB T4C2E2,2, 3, 505 Railway Street W
Cochrane, AB T4C2E2,2, 3, 505 Railway Street W
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Aaron MacRae

Aaron MacRae

+1(403) 852-2260
$929,900
Est. payment /mo
2,864 SqFt
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UPDATED:

Key Details

Property Type Condo

Sub Type Condominium/Strata

Listing Status Active

Purchase Type For Sale

Square Footage 2,864 sqft

Price per Sqft $324

Subdivision Downtown

MLS® Listing ID A2176895

Condo Fees $1,415/mo

Originating Board Calgary Real Estate Board

Year Built 2006

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. (id:24570)

Location

State AB

Interior

Heating Hot Water

Exterior

Parking Features No

View Y/N No

Private Pool No

Others

Ownership Condominium/Strata

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Aaron MacRae

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+1(403) 852-2260

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