Cochrane, AB T4C2E2 505 Railway Street W # 2, 3
$929,900
18 more
Presented By: CIR Realty
Home Details
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.
Presented By: CIR Realty
Interior Features for 505 Railway Street W # 2, 3
Other Interior Features
Building Area Total SF2864.71
Building Area Total Metres266.14
EnsuiteNo
Main Level AreasSquareFeet
General for 505 Railway Street W # 2, 3
Association?Yes
Business YNNo
Condo TypeConventional Condo
Construction MaterialsBrick, Vinyl Siding, Wood Frame
HeatingHot Water
Property SubtypeOffice
Property TypeCommercial
Public RemarksDiscover 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
RoofAsphalt Shingle
Structure TypeLow Rise (2-4 stories)
Subdivision NameDowntown
Transaction TypeFor Sale
Unit Number2, 3
ZoningC-G
Exterior for 505 Railway Street W # 2, 3
Building Area Total2864.71
Garage Y/NNo
InclusionsNone
Additional Details
Crystal Adamo
Sales Representative